The Illinois State Geological Survey and the Midwest Geological Sequestration Consortium are conducting CO{sub 2} sequestration and enhanced oil recovery testing at six different sites in the Illinois Basin. The capital and operating costs for equipment to capture and liquefy CO{sub 2} from ethanol plants in the Illinois area were evaluated so that ethanol plants could be considered as an alternate source for CO{sub 2} in the event that successful enhanced oil recovery tests create the need for additional sources of CO{sub 2} in the area. Estimated equipment and operating costs needed to capture and liquefy 68 metric tonnes/day (75 tons/day) and 272 tonnes/day (300 tons/day) of CO{sub 2} for truck delivery from an ethanol plant are provided. Estimated costs are provided for food/beverage grade CO{sub 2} and also for less purified CO{sub 2} suitable for enhanced oil recovery or sequestration. The report includes preliminary plant and equipment designs and estimates major capital and operating costs for each of the recovery options. Availability of used equipment was assessed.