Port Townsend Paper Corp. Cancels Biomass Expansion Plans
Port Townsend Paper Corp. has abandoned a $54 million project that would have upgraded the mill's biomass cogeneration plant. Company President Roger Hagan said:
“It's not a financially viable project. It is not our intention to proceed with the project or ask for another extension.”
He said the company's decision was based on environmental challenges, the expiration of federal tax credit incentives, and the fact that natural gas is much more competitively priced.
“It's not a financially viable project. It is not our intention to proceed with the project or ask for another extension.”
He said the company's decision was based on environmental challenges, the expiration of federal tax credit incentives, and the fact that natural gas is much more competitively priced.
posted by Tom Harper at 10:31 AM
7 Comments:
If only somebody in Port Angeles would show this kind of common sense.
And, clearly natural gas is more expensive when compared to burning wood in Port Townsend, than it is in Port Angeles. No negative impact to Nippon, as it was for Port Townsend.
Hmm, they still don't have the one in Port Angeles running, yet. Since Novemember. Hmmm.
Yes, "Brain Dead Port Angeles". First in line for projects that don't pan out.
Nippon gets millions of gallons a day of free water from the city, it gets rock bottom electricity rates from BPA, it gets at least $30 million from federal and state sources to subsidize its biomass plant, and millions in "mitigation" money from the National Park Service. If it closes the paper mill and the cogeneration plant goes belly up, it won't be for a lack of public support, for sure. No wonder the PT Mill managers felt they couldn't compete.
(Good riddance to their project, by the way; and congrats to the activists who played a part in causing PT Paper to dump its biomass cogeneration plans.)
I recently read that new technology in bio mass units will make them less polluting than other systems.
Nippon is a great example of how the "private sector" knows how to manage money, and use money efficiently than "government".
You know. We've all heard it during election campaigns. So-called "Conservatives" get up and tell us how bad government is, and how the private sector are the "job creators" and all.
Where would Nippon be, without all the different ways the government has helped them out, all the millions of taxpayer dollars?
"that new technology in bio mass units will make them less polluting than other systems"
Compared to what, Fukushima?
@ 11:40 AM, ...
Compared to your farts. :-)
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