The Navigator CO2 company this (Fri) morning announced they are officially canceling their carbon sequestration Heartland Greenway pipeline project.
As part of a statement on their website, Navigator says the project’s development has been challenging, and they’ve decided to cancel the pipeline project due to the unpredictable nature of the regulatory and government processes involved, particularly in Iowa and South Dakota.
The South Dakota Public Utilities Commission denied Navigator’s permit application last month. The Navigator pipeline would have run through several northwest Iowa counties, including Buena Vista.
In a statement, the Navigator CEO says that as good stewards of capital and responsible managers of people, they have made the difficult decision to cancel the pipeline project. The statement says they are disappointed that they won’t be able to provide service for customers, and thank them for their continued support.
Several landowners feared the company would utilize eminent domain to construct the project. It would have run through parts of Iowa, Nebraska, Minnesota, South Dakota, and Illinois.
The Iowa Utilities Board public hearing for the Summit Carbon Solutions pipeline, which would run through several area counties, is scheduled to resume next month.
