Lawmakers are considering funding the clean energy program; carbon capture is under scrutiny | Government and Politics
“At Minnkota, we believe North Dakota is uniquely positioned to advance carbon capture technology, which would have positive impacts for our state, our country and the world.
A separate carbon capture project is planned for North Dakota’s largest coal-fired power plant, Coal Creek Station. The owner, Great River Energy, had planned to close the plant next year, but announced last month that it had entered into exclusive negotiations with a potential buyer who wants to pursue the technology.
Proponents of carbon capture see it as a way to keep the state’s coal industry viable amid an influx of natural gas and renewable energy, as well as stricter emissions rules and growing public sentiment about the need to tackle climate change.
In a separate discussion earlier Monday, lawmakers on a supply subcommittee appeared keen to nix the $ 250 million earmarked for low-interest loans under the Energy Authority.
“I don’t think there is strong support for this, and I think there are other options that could be considered to establish a revolving loan fund,” said Rep. Ronald Sorvaag, R- Fargo.
Senate Majority Leader Rich Wardner said last week he was considering the Fiscal Stabilization Fund as a potential source.