Pennsylvania gives Shell a sweet, crude deal

[marmar]

http://grist.org/news/pennsylvania-gives-shell-a-sweet-crude-deal/


Pennsylvania gives Shell a sweet, crude deal
By Philip Bump


Shell Oil wants to build an ethane processing plant in Western Pennsylvania. But: can a massive fossil fuels conglomerate possibly turn a profit on something as risky as a natural gas derivative?

Under the deal, taxpayers would foot the bill for hazardous materials clean up at the western Pennsylvania site, a cost that could easily soar into the tens of millions, according to a report by CapitolWire news service.

(Pennsylvania Gov. Tom) Corbett officials told legislative staff that on top of the $1.65 billion in tax credits over 25 years starting in 2017, and other sweeteners that come with a tax-free Keystone Opportunity Zone, the state would be picking up the bill to clean up the waste from a zinc smelter site.

Whew! Sounds like Gov. Corbett was able to make something work. Someday we’ll figure out a system where our job creators — human-people and corporate-people alike — can create jobs without our giving them massive tax breaks all the time.

[SoutherDem]

1. Am I understanding this correctly?

Shell will get any profit. Get a tax break. AND they don't have to pay to clean up the damage they do.

Wow, I am glad Gov. Corbett isn't my governor.

[HopeHoops]

2. He's mine. I'm pissed. If I ever see him in Harrisburg, he's getting a full "truck nutz" moon.

I'd be willing to get arrested for that. It would be worth it. But he never appears in public. Rendell used to go to "The Spot" on 2nd street. Corbett hides in the mansion and his limos. The only people he meets with are die-hard Republicans, oil and gas companies, and his other corporate sponsors. I really can't understand why he isn't being blasted as hard as the other asshole governors that are constantly in the news. In many ways he is far worse.