Summit Carbon Solutions' multibillion-dollar carbon sequestration pipeline is in stasis. Summit Carbon, an Ames, Iowa-based carbon pipeline developer, filed a Wednesday motion with the South Dakota Public Utilities Commission to suspend its permit application and extend the regulator's deadline to issue said permit "indefinitely.

The company behind an $8.9 billion carbon-capture pipeline proposed for five Midwestern states says it wants to indefinitely delay its plans after South Dakota passed a law limiting its ability to acquire land for the project.

Ames' Summit Carbon Solutions filed a motion in South Dakota to pause its pipeline permit application and extend a permit decision "indefinitely"