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Vault/Cardinal present 1 Carbon Partnership plan: private $50M-plus investment, federal permitting ahead of injection
Summary
Vault and Cardinal Ethanol representatives updated commissioners on a proposed carbon-capture project (1 Carbon Partnership) that would place compressor equipment and three wells on Cardinal property, involve more than $50 million in private investment, and follow an EPA Class VI permitting timeline with a draft permit expected around Oct. 20, 2025 and injection targeted for November 2026.
Representatives from Vault and Cardinal Ethanol updated the board on the 1 Carbon Partnership carbon-capture proposal at the Cardinal facility. Hugh Caperton and Rob Davis described a privately funded project they estimate at more than $50 million that would include a compressor building, a short flow line and three wells (one injection well and two monitoring wells) sited on Cardinal property.
Presenters said they have engaged landowners and the community through open houses and outreach, and reported near‑complete voluntary participation from affected landowners. They said they will not pursue a local tax abatement and estimated the county’s annual tax receipts from the project at roughly $200,000–$300,000 during operations (about $2.5 million through 2032 in the presenters’ estimate).
On permitting, presenters said a draft EPA Class VI permit could arrive around Oct. 20, 2025, triggering a 40‑day public comment period and an EPA‑led public hearing. They forecast a final federal permit by February 2026, followed by state permitting from IDNR (anticipated roughly six months after the federal permit) and planned injection operations around November 2026 if all permits are granted.
Commissioners asked whether federal/state permits supersede local permitting and how much siting authority counties retain; presenters said injection permitting is governed by federal and state authorities while local siting and zoning considerations could still play a role. Presenters said public hearings and additional outreach will follow the draft permit.
