Wire · technology
North Dakota approves loans for carbon capture at coal plant
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Fusion42 · 27 August 2026 · Fusion42 review
The North Dakota Industrial Commission approved $205 million in loans for a carbon capture project at the Minnkota Milton R. Young coal plant, aiming to capture 5 million tons of CO2 annually and utilise it for enhanced oil recovery, supported by improved tax credits and geological storage permits.
This Wire brief sits within Fusion42's coverage of Climate Tech, and 3 sources have reported it between 25 Aug 2026 and 27 Aug 2026.
◆ ◆ The Wire takeaway
Governments and utilities are unlocking funding for carbon capture that slashes emissions and extends oilfield life. You can explore partnerships with energy co-ops or CO2 utilisation projects that now have viable financial backing.
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3 sources · first reported 25 Aug 2026 · latest 27 Aug 2026
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