Chase Power, the parent company behind the $3 billion Las Brisas coal
power plant in Corpus Christi, Texas, announced yesterday that it was
cancelling the project.
“Chase Power … has opted to suspend efforts to further permit the
facility and is seeking alternative investors as part of a plan of
dissolution for the parent company,” Chase CEO Dave Freysinger told
the Corpus Christi Caller-Times.
“Chase Power … has opted to suspend efforts to further permit the
facility and is seeking alternative investors as part of a plan of
dissolution for the parent company,” Chase CEO Dave Freysinger told the
Corpus Christi Caller-Times.
Freysinger made it very clear who was responsible for the projects
death. “The (Las Brisas Energy Center) is a victim of EPA’s concerted
effort to stifle solid-fuel energy facilities in the U.S., including
EPA’s carbon-permitting requirements and EPA’s New Source Performance
Standards for new power plants,” he said.
The Las Brisas power plant had been part of a larger Las Brisas
Energy Center project planned for Corpus Christi’s Inner Harbor.
Economists had projected that in the first 5 years of construction and
operation the project would create as 1,300 direct and 2,600 indirect
jobs. Now none of those jobs will exist.
“These costly rules exceeded the bounds of EPA authority, incur
tremendous costs, and produce no real benefits related to climate
change,” Freysinger commented.
Cont Reading:
No comments:
Post a Comment