You are here: Home » Companies and Agencies » Formosa
Formosa
More News and Commentary
IEEFA
E&E News ($): Advocates working in St. James Parish, La., are urging the parish council to reject a land use permit for a petrochemical facility based on new evidence. They argue that Formosa Plastics Group, which will operate the petrochemical complex, falsely claimed it would move a toxic facility farther away from a nearby church […]
Press Release, Tom Sanzillo and Suzanne Mattei
IEEFA finds significant financial, market, regulatory and political risks for multibillion-dollar ‘Sunshine Project’ in Louisiana’s ‘Cancer Alley’
March 23, 2021 (IEEFA) ⎼ A report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) details the financial, legal, social and public opposition risks of Taiwan-based Formosa Plastics Group’s proposed petrochemical complex in St. James Parish, Louisiana. IEEFA finds that the project will begin operations at a time of market oversupply, […]
IEEFA
The Advocate: A state district judge sent critical air permits for a $9.4 billion Formosa Plastics complex back to state environmental regulators so they can take a closer look at the St. James Parish facility’s emissions impacts on Black residents living nearby. Nineteenth Judicial District Judge Trudy White issued the finding during a hearing Wednesday, […]
Frank Bass
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic
Three major fossil fuel-based industries—coal, liquefied natural gas, and plastics—were becoming less financially attractive even before the global coronavirus pandemic, according to experts who spoke during the second week of IEEFA’s 2020 Energy Finance Conference. The annual meeting of international energy, finance and policy experts, which was offered online this year because of COVID-related restrictions, […]
IEEFA U.S.: Proposed Formosa, Louisiana petrochemical complex financially unviable
IEEFA finds significant financial, market, regulatory and political risks for multibillion-dollar ‘Sunshine Project’ in Louisiana’s ‘Cancer Alley’March 23, 2021 (IEEFA) ⎼ A report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) details the financial, legal, social and public opposition risks of Taiwan-based Formosa Plastics Group’s proposed petrochemical complex in St. James Parish, Louisiana. IEEFA finds that the project will begin operations at a time of market oversupply, […]