Dear Editor

 

September 28, 2023



Dear Editor:

Summit Carbon Solutions, owned partially by a South Korean Company, is asking the Antelope County zoning board for a conditional use permit to grant permanent easements for a carbon pipeline.

Concentrating CO2 into a pipeline under high pressure is a disaster waiting to happen.

Multi-national corporations will profit through subsidies, depreciation and tax credits. The "Inflation Reduction Act" states the government will pay them up to $180 per metric ton. Depreciation on a $5.5 billion pipeline for an investor in the 50% tax bracket equals $2.75 billion. The pipeline compan...



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