"POET Partners with Summit for Carbon Capture Pipeline Project"

POET and Summit Carbon Solutions have announced a partnership to capture biogenic carbon dioxide from bioethanol production at POET's facilities in Iowa and South Dakota, with the aim of capturing and storing 4.7 million metric tons of CO2 annually. The partnership is seen as a significant step in decarbonizing bioethanol and creating new market opportunities for producers, rural economies, and American energy security. However, the project faces opposition over concerns about land use, taxpayer funding, and support for the oil industry.