IRFA Statement on South Dakota Passage of CO2 Pipeline Legislation

Contact: Emma Koehler
515-252-6249

JOHNSTON, IA - Today the South Dakota legislature passed a Landowner Bill of Rights that enhances landowner protections while providing regulatory certainty for CO2 pipeline projects. Iowa Renewable Fuels Association (IRFA) Executive Director Monte Shaw made the following statement:

"Both sides came together in South Dakota to find an equitable path forward for carbon capture and sequestration projects. We applaud their efforts.

"It is our view that with a workable path forward in South Dakota and the regulatory process well on its way in Iowa and North Dakota, we can now see light at the end of the tunnel. Carbon capture and sequestration (CCS) cuts Iowa ethanol's carbon score by more than half. It singlehandedly opens up a massive new 35-billion-gallon sustainable aviation fuel (SAF) market for Iowa corn farmers.

"Creating new demand at a time when corn supplies have swelled over 2.2 billion bushels and corn prices have dropped over 2 bucks isn't just important for the next two or three years. Opening up the SAF market can literally power Iowa's rural economy for the next two to three decades."

Earlier this year, IRFA released the result of a comprehensive study detailing the impact of SAF on the Iowa and Midwest economies. You can find more information here.

The Iowa Renewable Fuels Association represents the state's liquid renewable fuels industry and works to foster its growth. Iowa is the nation's leader in renewable fuels production with 42 ethanol refineries capable of producing 4.7 billion gallons annually - including 34 million gallons of annual cellulosic ethanol production capacity - and 10 biodiesel facilities with the capacity to produce 416 million gallons annually. For more information, visit the Iowa Renewable Fuels Association website at: www.IowaRFA.org.

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