Growing up on a 640-acre farm in Iowa, I learned early the value of hard work and the importance of adapting to change. The landscape of agriculture has shifted dramatically since my days at the farmgate, and today, we face new challenges that demand innovative solutions. One such solution that will dramatically change the lives of farmers today is the Summit Carbon Solutions pipeline project. I’m Lee Blank, and I am the CEO of this proposed pipeline company. This isn’t just another piece of infrastructure — it’s a crucial step forward in securing the future of farming in America.
To bring this project to life, we’ve partnered with 57 bioethanol plants across five states to capture, transport, and permanently store their CO2. Among our partners is POET, the largest biofuels producer in the country. This collaboration is key to our strategy, ensuring that we are integrating with industry leaders who share our commitment to enhancing the future of agriculture.
Once operational, the pipeline will have a significant positive impact on the counties it crosses, with each expected to receive an average of approximately $1,075,000 in property tax payments every year. This funding can be transformative for local communities, providing much-needed
financial support for infrastructure, schools, and healthcare services. But the benefits don’t stop there; they extend directly to US farmers.
The project helps to increase the value of our farmland, offering higher returns on investments. Additionally, this pipeline could lead to higher corn prices because bioethanol is sold at a premium. A healthy bioethanol market allows for strong rural communities. These numbers mean more than just profit; they represent stability for our families and our future.
Markets today are demanding low-carbon fuel, and this project positions farmers to meet that demand head-on. By building the Summit pipeline, we’re ensuring that our products remain competitive on a global scale. This is how we adapt to the changing market — by embracing
technology that aligns with these new trends while still holding true to our roots in agriculture.
Farming is meant to be generational. I witnessed that change in the depth of the farm crisis in the 70s when our family was forced to sell our farm. We weren’t the only ones. I see our pipeline as more than just a technological advancement; it’s an opportunity for farmers to continue doing what they love, but even better. It’s about taking control of our future and ensuring that farming remains strong. This project is our chance to show that we can lead the way in innovation while staying true to the agricultural heritage that has defined us for generations.
In embracing the Summit pipeline, we’re not just investing in our land or our crops; we’re investing in a way of life. Let’s look forward to a future where farms continue to thrive, supported by the best technology available. Together, we can ensure that agriculture in America remains a vibrant and vital part of our national identity.