The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
The Clean Power Plan could cause electricity prices to increase around 15 percent a year on average, and as much as 22 percent on peak years.
According to the plan, Louisiana will have to lower its carbon dioxide emissions by nearly 30 percent of 2012 levels by 2030. Since renewable sources are much more expensive than coal, energy costs will increase drastically, and families and businesses will be burdened with tough financial decisions.
Exporting U.S. natural gas could achieve the dual benefits of global climate-change mitigation and local/national economic development.
The U.S. District Court for the Western District of Louisiana has ordered the federal government to pay $1.67 million to an employee of Canal Refinery, a Louisiana firm that processes used oil.