The U.S. Department of Energy is providing $36 million to North Dakota to fund a carbon capture project. The initiative involves capturing carbon dioxide from coal plants and injecting it underground to facilitate enhanced oil recovery, marking the first phase of a larger $157 million plan. Additionally, Green Plains reports a significant EBITDA increase driven by the 45Z tax credits. The company expects these carbon program contributions to generate between $200 million and $225 million for the full year, highlighting the growing role of climate policy in industrial finance.
