Saturday, August 8, 2020

Socialism for the frackers

I am always amused by the willingness of conservatives who bleat about the marvels of free enterprise and the advantages of competition to subsidize their favorite campaign contributors.  In Pennsylvania that would be the fracking industry.  

A little over a month ago Pennsylvania Attorney General Josh Shapiro released a grand jury report detailing the dangers of the fracking industry.  In response the legislature did not hold hearings or increase regulations to protect us.  No way.

Instead the legislature granted a $650 million dollar tax break to petrochemical companies.  Gov. Wolf signed the legislation.  

Remember when Trump visited the site of a petrochemical plant in Western Pennsylvania.  That plant, owned by Shell Oil, got a $1.6 billion handout.  It was touted as a way to increase employment, since the plant will employ about 300 workers.  That works out to about a $3 million tax break PER JOB.

The earth, in the meantime, grows warmer every year.

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