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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