Iowa ag entrepreneur, carbon capture pipeline advocate hosts presidential candidates

[cigaretteman]

A handful of Republican presidential candidates attended a private event this week hosted by Iowa agriculture entrepreneur and GOP donor Bruce Rastetter, who's behind Summit Carbon Solution's plan to build a controversial carbon capture pipeline across the state.

Former U.N. Ambassador Nikki Haley, former Vice President Mike Pence, entrepreneur Vivek Ramaswamy and North Dakota Gov. Doug Burgum attended the event and spoke to the crowd, their campaigns confirmed to the Des Moines Register.

Iowa’s agricultural issues, particularly those affecting the state’s ethanol and biofuels industries, have long played an outsized role in the state’s caucuses as presidential contenders seek to woo Iowans by showing their support.


But the carbon capture pipeline project pits longtime Republican interests against each other, adding a new wrinkle to the debate ahead of the 2024 Iowa caucuses.

Summit Agricultural Group, the ag investment company Rastetter founded, is the parent of Summit Carbon Solutions, which has proposed building a 2,000-mile, $5.5 billion carbon capture pipeline across Iowa, Minnesota, Nebraska, South and North Dakota.

Iowa ag entrepreneur, carbon capture pipeline advocate hosts presidential candidates

The carbon capture pipeline project pits longtime GOP interests against each other, adding a new wrinkle to the debate ahead of the 2024 Iowa caucuses

www.press-citizen.com

 

[lucas80]

Trump didn’t need to attend. He already has a beautiful plan. He pretty much has the whole thing solved.
The rest seem to have bent the knee to Big Ag.

 

[joelbc1]

Rastetter is a huge player in Ioway politics. Probably the state’s heaviest hitter. There’s a reason he was made Chairman of the BOR, which is a position reserved for the state’s elite politicians (names like Pomerantz, Gartner come to mind)....Interesting that someone as wealthy and influential as Rastetter is pushing for a (expensive) program like this carbon pipeline...a program needs “eminent domain” to be completed and is there a more controversial program in Iowa in the past 20 years than that of eminent domain. This puts Rastetter at odds with many in his own Party as well as allied with many on the other side of the aisle. Neither political party in Iowa is willing to get too involved here as it is a deeply emotional debate. Property rights vs. $$$....Eminent domain may deeply divide political allies...and it really is not as sexy as banning books from libraries.
(The beauty of the eminent domain debate is that it cuts through political boundaries and talking points and both sides of the issue are crowded with both Dems and There needs to be some real discussion and compromise here if this issue ever gets solved...if it can ever be solved! It is “political dynamite”.)

 

[OutbackBowl2017]

Trump didn’t need to attend. He already has a beautiful plan. He pretty much has the whole thing solved.
The rest seem to have bent the knee to Big Ag.

 

[lucas80]

Rastetter is a huge player in Ioway politics. Probably the state’s heaviest hitter. There’s a reason he was made Chairman of the BOR, which is a position reserved for the state’s elite politicians (names like Pomerantz, Gartner come to mind)....Interesting that someone as wealthy and influential as Rastetter is pushing for a (expensive) program like this carbon pipeline...a program needs “eminent domain” to be completed and is there a more controversial program in Iowa in the past 20 years than that of eminent domain. This puts Rastetter at odds with many in his own Party as well as allied with many on the other side of the aisle. Neither political party in Iowa is willing to get too involved here as it is a deeply emotional debate. Property rights vs. $$$....Eminent domain may deeply divide political allies...and it really is not as sexy as banning books from libraries.
(The beauty of the eminent domain debate is that it cuts through political boundaries and talking points and both sides of the issue are crowded with both Dems and There needs to be some real discussion and compromise here if this issue ever gets solved...if it can ever be solved! It is “political dynamite”.)

Rastetter is in on this because he's always in on getting rich off of other people's money, or off of taxpayer money.

 

[CarolinaHawkeye]

Rastetter is a huge player in Ioway politics. Probably the state’s heaviest hitter. There’s a reason he was made Chairman of the BOR, which is a position reserved for the state’s elite politicians (names like Pomerantz, Gartner come to mind)....Interesting that someone as wealthy and influential as Rastetter is pushing for a (expensive) program like this carbon pipeline...a program needs “eminent domain” to be completed and is there a more controversial program in Iowa in the past 20 years than that of eminent domain. This puts Rastetter at odds with many in his own Party as well as allied with many on the other side of the aisle. Neither political party in Iowa is willing to get too involved here as it is a deeply emotional debate. Property rights vs. $$$....Eminent domain may deeply divide political allies...and it really is not as sexy as banning books from libraries.
(The beauty of the eminent domain debate is that it cuts through political boundaries and talking points and both sides of the issue are crowded with both Dems and There needs to be some real discussion and compromise here if this issue ever gets solved...if it can ever be solved! It is “political dynamite”.)

Government subsidized ethanol fuel made bruce a multi-millionaire even though his businesses usually became bankrupt.

 

[anon_b29nm7v7dwp6r]

I would think this is one issue ALL Iowans would agree needs to be stopped.

Even putting safety and environmental concerns aside….the fact that a billion dollar company is going to use eminent domain to take all this land just to make more billions makes me sick.