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Summit Carbon Solutions faces pipeline opposition in Iowa, while Phillips 66 reports lower renewable earnings.
Summit Carbon Solutions faces opposition over its proposed pipeline in Iowa, with local officials arguing it seeks to exploit tax credits.
The project, approved by Iowa but stalled in South Dakota due to eminent domain restrictions, will be discussed at a May 8 meeting.
Meanwhile, Phillips 66 reported reduced earnings in renewables despite increased production, affected by changing tax credits.
South Dakota is at the center of debate over carbon sequestration's effectiveness in reducing emissions.
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Summit Carbon Solutions se enfrenta a la oposición del oleoducto en Iowa, mientras que Phillips 66 informa de ganancias renovables más bajas.