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New Data Shows Giant Petrochemical Plant Has Failed to Boost Local Economy - Inside Climate News
(insideclimatenews.org)
nottheonion-worthy headline
this post was submitted on 11 Feb 2025
59 points (100.0% liked)
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Shell says it paid $52 million in taxes, royalties, and fees.
No mention of the state and local government tax credit of $1.65 BILLION for this plant.
The predictions of an economic boom led the state under then-Gov. Tom Corbett, a Republican, to grant Shell a record tax break of $1.65 billion.
The report’s co-author, Eric de Place, called the tax breaks a “sweetheart deal” for Shell but a “disaster” for Pennsylvania taxpayers.
Economic disaster, environmental disaster, health disaster - Shell’s mission.
I feel like I've seen a similar article recently for a similar but more general study. Looks like the data is finally catching up to the lie.
Too bad we've elected the exact wrong people to do anything about it. Man, the next years are going to be so fun...
With you on that. I doubt that the data will do us much good rn, but its still good to see mega-corps getting called out on devwashing (economic development washing, IDK if there's already a good term.)
The truth is still worth uncovering. We might not be able to do anything about it right now, but that doesn't mean that will always be the case.
Absolutely