Controversial Carbon Capture Pipeline Project Cancelled Amidst Opposition and Regulatory Challenges

Navigator CO₂, backed by BlackRock, has abandoned plans to build a 1,300-mile carbon capture pipeline across the US Midwest due to opposition from landowners and environmental campaigners. The $3.1 billion project, called Heartland Greenway, aimed to collect and store carbon emissions from the corn ethanol industry. The cancellation is a setback for the fledgling carbon capture industry and the corn ethanol refining industry, which is targeting industry-scale carbon capture as a way to reduce emissions. The project faced opposition from local landowners and environmentalists who view CO₂ pipelines as dangerous and supportive of the fossil fuels industry.