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re: Air Products announces fund to benefit Lake Maurepas communities
Posted on 10/17/23 at 9:56 am to lowhound
Posted on 10/17/23 at 9:56 am to lowhound
quote:
I'm against this whole capture & sequestration thing because its a tax dollar driven money grab created by the government and they're giving away our borrowed tax debt to eager businessmen that see the opportunity to make free cash off of a waste product they were going to throw away to begin with and otherwise get fined by the government for creating. I'm not against this whole thing because because of the injection wells themselves. People that think this is the one thing that will kill the Maurepas swamp are stupid. frick the government creating this corrupt circle jerk, not the engineers trying to capitalize on it.
This dude/dudette gets it.
This post was edited on 10/17/23 at 9:57 am
1
Posted on 10/17/23 at 11:00 am to ragincajun03
Capturing air and pumping it into the ground is one of the stupider things going on in the Green space.
Posted on 10/17/23 at 11:35 am to ragincajun03
Yea that’s pretty spot on
We can both simultaneously think the project itself is dumb and a poor use of tax dollars while also acknowledging that the process and technology being used on the project is not a real threat to anyone’s community. And in the end it’s a net positive for the local economy. Hell this project was announced a year before the $85/ton IRA bill was even passed so it’s not like they needed the tax dollars to make it viable.
We can both simultaneously think the project itself is dumb and a poor use of tax dollars while also acknowledging that the process and technology being used on the project is not a real threat to anyone’s community. And in the end it’s a net positive for the local economy. Hell this project was announced a year before the $85/ton IRA bill was even passed so it’s not like they needed the tax dollars to make it viable.
Posted on 10/17/23 at 12:00 pm to TigerTatorTots
quote:
Hell this project was announced a year before the $85/ton IRA bill was even passed so it’s not like they needed the tax dollars to make it viable.
The project was always going to receive 45Q benefits, but yeah, at the time it was announced, 45Q was in the $50/ton range, I think.
Also, anyone who has read the agreement Air Products entered into with LA Dept of Natural Resources and LA Dept of Wildlife & Fisheries for the right to sequester under the WMA knows the State of Louisiana is getting one hell of a windfall!
Posted on 10/17/23 at 12:16 pm to ragincajun03
In other words, Air Products is going to increase their prices in order to fund a project that helps protect their right to operate, in the name of charity. "Hey, look at the good we're doing in the community."
Posted on 10/17/23 at 12:22 pm to Shexter
quote:
Livingston police
"If you support the right Sheriffs candidate, deputy, you can spend your summers giving "warnings" to drunk sluts at the Prop Stop, too"
Posted on 10/17/23 at 1:49 pm to ragincajun03
quote:
I’m pretty sure Meaux was intentionally mixing up the molecules for laughs.
The extra O means its twice as deadly, right?
Posted on 10/19/23 at 1:45 pm to Sack531
quote:Ehh for a company that makes many billions a year, $1 million is a rounding error
In other words, Air Products is going to increase their prices in order to fund a project that helps protect their right to operate, in the name of charity. "Hey, look at the good we're doing in the community."
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