A carbon dioxide pipeline developer and an environmental organization have reached a unique agreement to ensure community benefits and project support.
The developer, Tallgrass, and environmental group Bold Alliance have agreed on community benefits for a CO2 pipeline project crossing Nebraska.
The agreement includes funding for first responder training, donations to local nonprofits, and yearly royalty options for landowners.
This agreement sets a new standard for future energy infrastructure projects, emphasizing community engagement and benefits.
Key quote:
"This agreement is exactly what all communities should have. Real money is being left behind in these communities."
— Jane Kleeb, founder of Bold Alliance
Why this matters:
By demonstrating a commitment to social responsibility and sustainability, pipeline developers can build positive relationships with local stakeholders, mitigate risks, and create shared value for both the company and the community. This collaborative approach not only leads to better outcomes for all parties involved but also contributes to building healthier, more resilient communities for generations to come.
Companies are building carbon dioxide pipelines as a possible climate solution. But after a pipeline rupture sent dozens to the hospital in a Mississippi town, there are questions about their safety.
