Posted on 09/12/2007 7:57:08 AM PDT by Michael.SF.
ConocoPhillips will pay state $10 million to offset emissions from the expansion of its Rodeo plant
SACRAMENTO -- Attorney General Jerry Brown and ConocoPhillips officials said Tuesday that they had agreed to a precedent-setting global warming reduction plan to offset greenhouse gases that would result from expanding an East Bay oil refinery. Brown said that under the pact, which involves the company's Rodeo plant in Contra Costa County, "ConocoPhillips becomes the first oil company in America to offset greenhouse gas emissions from a refinery expansion project."
The oil company will pay about $10 million -- roughly half the amount discussed at one point in negotiations -- to offset the expansion's environmental impact. That money will be used for everything from buying older polluting cars to restoring wetlands.
In return, the attorney general said he will no longer pursue any legal challenge to the expansion.
Mark Hughes, a spokesman for ConocoPhillips, said the firm "will now be able to move forward in the permitting process and add an additional 1 million gallons of cleaner-burning gasoline and diesel fuel daily in California."
One environmental group, however, said it would continue pressing for additional mitigations. Representatives of Communities for a Better Environment said they are concerned about the refinery's closest neighbors.
"The attorney general did a good thing," said Greg Karras, a spokesman for the environmental group. But he said Brown did not go far enough.
(Excerpt) Read more at contracostatimes.com ...
10 million $ to be passed on to consumers at the pump. Corporations do not pay taxes, or in this case extortion. Consumers, employees, or stockholders pay them and guess who is easiest to nail.
is this the former governor moonbeam?
The one and only, original Moonbeam.
Conoco will pay $10 million. To whom? What will the money be used to do? And why did CBE get left out of the gravy train?
Next step: Infiltrate the area with one six-nosed digital astro burgleflatz-ingesting wingbat mudsucker, and claim that its habitat will be endangered by Conoco. Why stop at $10 measly million?
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