Illinois Fertilizer & Chemical Association
Supply · Service · Stewardship

Tax credits jump-start Midwest carbon capture projects — but the cost will be in the billions

On any given day, about 175,000 tons of carbon dioxide — equivalent to the emissions of 38,000 vehicles — stream from Adkins Energy.  This northwest Illinois plant turns corn into ethanol, long touted as a renewable energy source.

General Manager Bill Howell stands for a portrait at Atkins Energy’s Ethanol and Biodiesel production facility in Lena, Illinois on Wednesday, June 21, 2023. Atkins, although not on a CO2 pipeline, is seeking federal carbon sequestration tax credits using a technology that would capture CO2 and combine it with hydrogen to make green methanol.

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