Summit Carbon Solutions hires new CEO, continues push for CO2 pipeline
Summit Carbon Solutions has appointed industry veteran Joe Griffin as its new CEO, as the company continues to seek approval for a $9 billion carbon capture pipeline project that would span five states, The Des Moines Register reported.
Summit said in an email Wednesday, Aug. 6, that CEO Joe Griffin brings almost 40 years of experience "delivering complex infrastructure projects" in the natural gas industry.
Summit is seeking approval to build a 2,500-mi carbon-capture pipeline that would span Nebraska, Minnesota, Iowa and South Dakota. The pipeline would capture CO2 emissions from nearly 60 ethanol plants. The underground sequestration site is planned to be in North Dakota. Summit still needs to obtain a permit to build the pipeline in South Dakota, but the permit request has been rejected twice before.
See also: North Dakota regulators deny permit for proposed carbon dioxide pipeline
Opponents of the project have been working to prevent it since it was announced in 2021, said The Des Moines Register. Concerns have been raised about safety, property rights and potential agricultural land damage. Two other companies have dropped similar carbon capture pipeline projects due to opposition and regulatory hurdles.
New CEO Joe Griffin has sent letters to landowners in Iowa, taking initiative to gain necessary approvals to propel the project forward. Griffin served as the CEO and co-founder of Tulsa, Oklahoma-based Intensity Infrastructure Partners, a company established in 2023 that develops and builds pipelines. He was CEO of Sendero Midstream Partners from about 2021 to 2022, when it was sold.
Before joining Summit, Griffin founded or led several energy companies over the past 20 years, including Hiland Partners LP, a company owned by oil and gas billionaire Harold Hamm, who’s also an investor in Summit Carbon Solutions.
Read more: Iowa approves Summit Carbon Solutions’ CO2 pipeline
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