I believe a number of environmental assessments have already been performed, so expedited federal review or even skipping a review altogether seems to be warranted.
News Article: Trump Signs Order To Continue Keystone, Dakota Pipelines
- Thread starter Intl.Aperture
- Start date
Benefits to the United States. Win win for the US and Canada, our good neighbor. Cooperation has its rewards.
20,000 well-paying jobs during manufacturing and construction. Increase personal income for all America workers by $6.5 billion during the lifetime of the project. Generate an estimated $138.4 million in annual property tax revenue for state governments and local entities where the pipeline is located. Create $585 million in new taxes for communities among the pipeline route. Create more than $5.2 billion in property taxes during the lifetime of the pipeline.
Normally I'd agree, but China has been dumping cheap steel in the US for some time, so it doesn't bother me overmuch.
At the same time, it's interesting that President Trump would impose such a restriction given that the bulk of his Trump-branded merchandise is made overseas.
This is not an issue that's high on my list either. But, I've seen conflicting studies about dumping and whether or not the country in question is really doing something nefarious, or if this is an alternative way for the US to impose protectionism. The devil is always in the details and the government's interpretation of the rules.
It reminds me of when I was a corporate lawyer doing antitrust work. There was plenty of wiggle room for interpretation. How connected the companies in question were or how disliked an industry was by the current administration seemed to be at least as much of a factor as any economic analysis.
Price gouging is another concept that is more political than economic.
In any event, China cheats at everything, so I refuse to get upset on their behalf.
neat drone video of the law enforcement activity at an Indian pipeline protest site. Indian guy has a heck of a drone.
https://www.facebook.com/drone2bwild/videos/1322626454470346/
https://www.facebook.com/drone2bwild/videos/1322626454470346/
Probably Chinese-made. That said, it's usually the welds which fail...Who made the pipe?
The Atlantic Coast Pipeline is being considered near my palatial estate in Hooterville.
I'd be okay with it, as long as the gas company, in the event of something going bad, has to post a bond for the next century to cover the costs of any cleanup, plus damages (to the state) to the tune of say, 4 times the cost of restoring any property damaged in a mishap.
Why we continue to let energy companies to screw up, say, "Oops!" without hammering them like a tentpeg is beyond me. I wish a government would say, "You say it can be done safely and cleanly, fine. Do it, but if you screw up and spill oil, you are going to pay through the nose for the cleanup so do yourself a favor and don't screw up."
I'd be okay with it, as long as the gas company, in the event of something going bad, has to post a bond for the next century to cover the costs of any cleanup, plus damages (to the state) to the tune of say, 4 times the cost of restoring any property damaged in a mishap.
Why we continue to let energy companies to screw up, say, "Oops!" without hammering them like a tentpeg is beyond me. I wish a government would say, "You say it can be done safely and cleanly, fine. Do it, but if you screw up and spill oil, you are going to pay through the nose for the cleanup so do yourself a favor and don't screw up."
this isn't done in large part because these types of things are considered "job-killing regulations"
In largest part, it’s not done because energy is critical to national survival. The “job-killing regulation” perspective doesn’t even register on the scale in comparison.
making energy companies financially responsible for their screw ups doesn't prevent them from providing energy
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