Wire · technology
North Dakota approves loans for carbon capture at coal plant
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Fusion42 · 25 August 2026 · Fusion42 review
North Dakota Industrial Commission approved $205 million in loans for Project Tundra, a carbon capture initiative at Minnkota’s coal-fired Milton R. Young Station, reducing project costs and emphasising use of captured CO2 for enhanced oil recovery with federal tax credits supporting the effort.
This Wire brief sits within Fusion42's coverage of Climate Tech, and 2 sources have reported it between 25 Aug 2026 and 26 Aug 2026.
◆ ◆ The Wire takeaway
You have new funding routes for carbon capture projects linked to fossil fuel plants with federal tax credits aligning incentives. Start exploring partnerships in oil recovery to turn captured CO2 into revenue streams.
◆ Coverage
2 sources · first reported 25 Aug 2026 · latest 26 Aug 2026
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