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This week on Noon Edition, we will talk with guests about the carbon sequestration project and what that means for Terre Haute residents.
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Wabash Valley Resources intends to pipe and inject 1.67 million tons of carbon dioxide annually a mile below the area’s surface as part of its plan to produce “green” anhydrous ammonia fertilizer at a former coal gasification plant in Vigo County.
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Property rights and environmental issues split both parties on the matter.
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Senate Bill 451 states landowners must get paid at least $250 per acre for carbon storage. But if they can’t reach a deal, landowners would have to sue to get more money.
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The bills range from environment and energy to education to justice, and more.
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Farmers can make money off of the carbon their plants naturally remove from the air. But do carbon markets make a difference?