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illuminem summarizes for you the essential news of the day. Read the full piece on Indiana Capital Chronicle or enjoy below:
🗞️ Driving the news: The EPA has issued permits to Wabash Valley Resources for constructing two underground wells in Indiana for carbon sequestration, marking a significant step towards the production of "green" fertilizer
🔭 The context: This approval makes Wabash Valley Resources one of only two recipients of Class VI permits for carbon sequestration in the U.S., alongside Archer Daniels Midland Company
• The project aims to inject 1.67 million tons of CO2 annually underground to produce low-carbon-intensity anhydrous ammonia fertilizer
🌍 Why it matters for the planet: Carbon sequestration projects like this are critical in the fight against climate change, offering a method to reduce industrial carbon emissions while safeguarding local communities and groundwater resources
⏭️ What's next: The EPA's initial approval requires Wabash Valley Resources to obtain further permission to begin CO2 injection post-construction
• The project faces opposition from residents concerned about environmental and safety risks
💬 One quote: "Today’s action will help reduce industrial carbon dioxide emissions that contribute to climate change while protecting nearby communities and essential groundwater resources in Vermillion and Vigo counties," said EPA Region 5 Administrator Debra Shore
📈 One stat: 1.67 million tons - the amount of CO2 Wabash Valley Resources plans to sequester annually
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