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Thursday, November 09, 2023

Hot streak

 Always nice to be thought of as a global leader

The last 12 months were the hottest ever recorded on Earth, and New Orleans had the second-longest streak of days with extreme heat across the world, a new study found. 

Climate Central, a nonprofit news organization that analyzes and reports on climate change and energy issues, released the study to the public on Thursday and looked at major cities across the globe that had long streaks of extreme heat.

Houston had the longest streak with 22 days, and the extreme temperatures lasted in New Orleans for 17 days. The Crescent City tied with Jakarta and Tangerang in Indonesia, according to the study.

Can't say we haven't earned it.  Everyone knows well the amount of Louisiana's public capital and natural resources are sacrificed each year to make the demon live. Today The Lens highlights only one recent example. 

Now, a new industrial operation is taking shape in the unincorporated community of Port Sulphur, which remains a working-class, rural area. The silhouette of Venture Global’s colossal LNG gas-export terminal looms over the surrounding marsh, visible from miles away to cars driving downriver from New Orleans on Louisiana Highway 23.

When the plant is finished, natural-gas-fired turbines will supercool gas down to -260 degrees Fahrenheit to turn it into a liquid 1/600th its original volume that can be shipped overseas. But at this point, it’s still in progress, a 630-acre construction site, with tower cranes and 130-foot storage tanks peeking over its walls. 

Venture Global did not respond to questions about its terminal under construction in Plaquemines Parish. Once complete, it’s expected to employ 300 operational workers, according to Board of Commerce and Industry meeting notes

Those 300 jobs are subsidized to unbelievable levels, thanks to the Industrial Tax Exemption Program (ITEP), a state tax-incentive program for manufacturers, created with the goal of luring jobs to Louisiana. 

For its local payroll of a few hundred workers, Venture Global’s ITEP abatement over a 10-year period totals $834 million, said Erin Hansen of Together Louisiana, which monitors ITEP incentives and jobs created. 

That works out to $2.8 million in tax breaks per Venture Global job, Hansen said.

During the campaign, Jeff Landry (sort of) led the public to believe that he would let John Bel's rather moderate limits on ITEP remain in place.  We'll see how that plays out.  I do have my doubts.

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