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E ND | Well, Red Trail Energy in ND was doing carbon sequestration, getting paid a premium for ethanol and selling carbon credits. The value of the co2 capture last summer, the month I checked, was worth about 1 dollar a bushel on corn. we were getting paid a premium on corn. The plant just sold recently, I have some shares, we are getting close to $6 a share. Similar plants, without co2 capture, the stock is worth about $1.75. I think the co2 capture would do to corn what ethanol did to corn. They are building a saf plant at the red trail energy site i believe, company that bought it is gevo, the call it net zero north. Canada and the west coast are paying a premium and licking that low carbon ethanol up like crazy. This would all be good for farmers. we can provide low carbon fuel. | |
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Iowa Senate Passes Eminent Domain Bill
