FOR MOST OF his 30-year career, lowa farmer Dan Wahl never knocked heads with his state's agribusiness goliaths. He was too busy tending his crops and cattle on 640 acres of land. But then, in September 2021, a subsidiary of a private equity firm called Summit Agricultural Group started mailing packets to farmers in his area, pitching its plan to build a 2,000mile pipeline through 30 lowa counties as a way of breathing new life into the state's troubled ethanol industry. The pipeline, dubbed the Midwest Carbon Express, would slash across Wahl's farm on its way to grab carbon dioxide generated by 31 corn ethanol plants in five states. It would carry the CO₂ to North Dakota, where the gas would be buried underground. By burying ethanol's carbon waste, the project would make the fuel more climate-friendly, and by bolstering the ethanol trade, it would boost the price of corn, benefiting the state's farmers, the pitch goes.
Wahl didn't take the idea seriously at first. But then he heard from some neighbors that Summit was prepared to appeal to the lowa Utilities Board to seize any land not ceded through voluntary easement. That suddenly sounded to Wahl like a credible threat. After all, Summit's founder and CEO, Bruce Rastetter, is a heavyweight in Republican lowa politics with close ties to the state's past and current governors who have appointed members of that very board.
An agribusiness magnate, Rastetter has deftly leveraged his wealth to gain political influence. His generous campaign donations to and chummy relations with his home state's GOP power structure inspired Politico to deem him the "real lowa kingmaker." Now he's making what could be his biggest play yet. Summit's Midwest Carbon Express project would take advantage of federal tax credits meant to mitigate climate change-and it is poised to net him and his investors a massive windfall.
Denne historien er fra May/June 2022-utgaven av Mother Jones.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra May/June 2022-utgaven av Mother Jones.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Food + Health / Global Warning - Why Project 2025 is an environmental catastrophe in the making
When President Joe Biden took office, Democrats held a slim majority in the House of Representatives and a single-vote edge in the Senate. Despite the monumental odds, he has presided over the most productive presidential term for climate action in American history. Under Biden’s direction, the federal government took up the arduous task of incorporating climate considerations into scores of administrative operations and procedures. The epa cracked down on superpollutants and issued stricter emissions regulations for passenger vehicles. The Inflation Reduction Act, the biggest climate spending bill Congress has ever passed, brings the nation closer to its goal of slashing carbon emissions in half by 2030.
Trumpnesia - To get a second chance, Trump needs voters to forget his disastrous presidency.
One of the most oft-quoted sentences ever penned by a philosopher is George Santayana’s observation that “those who cannot remember the past are condemned to repeat it.” In 2024, this aphorism is practically a campaign slogan. Donald Trump, seeking to become the first former president since Grover Cleveland to return to the White House after being voted out of the job, has waged war on remembrance. In fact, he’s depending on tens of millions of voters forgetting the recent past. This election is an experiment in how powerful a memory hole can be.
WHEN IN DROUGHT
This obscure yet adaptable grain could be a healthy staple for a warming planet.
BAD HABITS
A spate of recent horror movies recycle tired tropes about nuns-and reveal society's ongoing discomfort with independent women.
Taking the Fifth For a glimpse of the Supreme Court after a second Trump term, look at the radical circuit court that's already driving America to the right.
Imagine obamacare is dead and millions of Americans have lost health coverage.
THE ARCHITECT
TRUMP WANTS TO BE KING. RUSS VOUGHT HAS A PLAN TO MAKE IT HAPPEN.
Losing Faith
As an evangelical leader, I enticed lawmakers and federal judges to adopt a conservative Christian agenda. Donald Trump’s rise proved how wrong I was.
GOD'S COUNTRY
These Christian nationalists have a plan to take over Americafrom small towns to the highest court in the land.
IN THE NAME OF THE MOTHER
How Shyamala Gopalan Harris raised a presidential contender
KILL THE MESSENGER
The anti-disinformation field is retreating under attack.