08 March 2025, Iowa: It’s very unfortunate that, despite our approvals in Iowa, North Dakota, and Minnesota, South Dakota changed the rules in the middle of the game. This kind of regulatory uncertainty creates real challenges—not just for our project, but for the ethanol plants in South Dakota that now face a competitive disadvantage compared to their counterparts in neighboring states. While this presents obstacles, our project moves forward in states that support investment and innovation, and we will have more news on that soon.
The governor has made it clear that HB 1052 targets one company – Summit Carbon Solutions. It’s unfortunate that a piece of legislation has been framed around a single company rather than addressing broader infrastructure and economic policy. As for legal action, all options are on the table but we remain focused on working with stakeholders to support the long-term success of the ethanol industry and support the President’s goals of American energy dominance.
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