Energy think tank questions $1.3bn Mitsubishi chemical plant in Louisiana for economic viability and increased greenhouse gas emissions.
An energy think tank report states that a $1.3bn chemical production facility to be built in Louisiana by Mitsubishi Chemical Group is economically questionable and increases greenhouse gas emissions. The proposed Mitsubishi plant is set to produce methyl methacrylate and would be among the state's top 50 greenhouse gas emitters. The report from the Institute of Energy Economics and Financial Analysis suggests the plant is "the wrong project, at the wrong place and time, with the wrong financial scenario".
July 23, 2024
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