Des Moines, IA (Radio Iowa)– The Iowa Utilities Board has continued its hearing on the proposed pipeline by Summit Carbon Solutions.

Of those testifying on Wednesday was Neil Dahlquist who owns land in Palo Alto County. He says he has been unable to get confirmation that his insurance company would provide liability coverage in the event the pipeline ruptures.

Dahlquist further suggests that the pipeline, if constructed, will end up shutting down when federal tax credits for carbon capture expire.

The U-S Treasury Department estimates two-point-three BILLION dollars in carbon tax credits will be claimed between now and 2029.

Ethanol plants have signed up to connect to Summit’s proposed pipeline, expecting to market carbon neutral ethanol as a result.

Groups like the Iowa Renewable Fuels Association and the Iowa Corn Growers say capturing carbon from ethanol plants is key to the industry’s long term survival.

The new testimony taken this week comes less than a month after Omaha-based Navigator cancelled its carbon pipeline project citing unpredictable regulatory processes in states along the proposed route.