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Company Plans Underground Carbon Dioxide Storage

The company plans to store 50 million metric tons of carbon dioxide underground.

According to Wabash Valley Resources, the company will work within the regulatory framework to manage risks associated with the capture of carbon dioxide.
According to Wabash Valley Resources, the company will work within the regulatory framework to manage risks associated with the capture of carbon dioxide.
Wabash Valley Resources

INDIANAPOLIS (AP) β€” A company could go ahead with plans for potentially storing 50 million metric tons of carbon dioxide underground in western Indiana under a bill approved by state legislators.

The carbon dioxide storage is part of a $450 million project proposed by Wabash Valley Resources LLC for an anhydrous ammonia fertilizer plant near Terre Haute.

The bill restricts such carbon storage in Indiana to that site and calls for a special legislative committee to review the process. 

Citizens Action Coalition director Kerwin Olson tells the Tribune-Star that the study is needed to make sure state officials understand what's involved. 

Gov. Eric Holcomb has until Wednesday to decide whether to sign the bill into law. He said last week he was reviewing it closely.

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