Wire · operational-macro
North Dakota approves loans for carbon capture at coal plant
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Fusion42 · 26 August 2026 · Fusion42 review
North Dakota approved $205 million in loans to support Project Tundra, a carbon capture initiative at the Milton R. Young coal plant. The project aims to capture 5 million tons of CO2 annually, leveraging geological storage and enhanced oil recovery to reduce emissions and boost oil production.
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
You have a state-backed funding route now open for carbon capture projects linked to coal and oil. This loan makes CO2 reuse in oil fields a more viable revenue stream and could reshape your project’s financial model.
◆ Coverage
3 sources · first reported 25 Aug 2026 · latest 27 Aug 2026
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