A coal-powered fertilizer plant in Indiana just landed a $1.5B DOE loan. (Indy Star)
Wabash Valley Resources will convert an idled Duke Energy coal site into a coal-powered ammonia plant, producing ~500K metric tons of fertilizer per year. The company says it will capture and store 1.65M tons of CO₂ annually in deep rock formations.
Critics call the carbon capture and sequestration plan costly, unproven, and unsafe. The site sits near a seismic zone, and watchdogs warn the project could lock in fossil fuel use while posing new environmental risks.
DOE approved the loan under President Trump’s national energy agenda, emphasizing domestic fertilizer production as global supplies remain unstable.