07/01/25 Afternoon CommStock Report – Message sent to Iowa Legislators over HR 639 Vote:

It is a lot More than Being About Eminent Domain!   There is a huge market developing for Sustainable Aviation Fuel (SAF) that has bio-fuel processors the world over attempting to meet. No place is better positioned than Iowa with its ethanol industry to take advantage of it. SAF feedstock must have a Carbon Intensity Score (CI) of 32 or lower to qualify while the carbon score for Midwest ethanol plants currently averages near 55. CO2 sequestration reduces the score for corn ethanol to qualify for SAF.   Brazil’s ethanol meets the carbon score now as plants there are fueled by eucalyptus, which is grown by them, or with sugar cane refuge. The US ethanol industry has brought down its carbon score by adopting technology but plants are typically fueled with NG which prevents them from achieving the 32 SAF carbon score threshold for SAF feedstock. The sequestration of CO2 accumulated from US ethanol plants in appropriate geologic formations in ND and WY reduces the carbon score of US ethanol. Summit Carbon has 57 ethanol plants who would be partners who have agreed to connect to the pipeline to move the CO2 to ND for sequestration. Summit would share the…