Louisiana
Mitsubishi’s planned $1.3bn chemical plant in Louisiana doesn’t work economically or environmentally, energy group says
$1.3 billion chemical production facility to be built in Louisiana by Japanese conglomerate Mitsubishi is economically questionable and unnecessarily increases greenhouse gas emissions, according to an energy think tank report released Monday.
The proposed Mitsubishi plant is “the wrong project, at the wrong place and time, with the wrong financial scenario,” said the report from the Institute of Energy Economics and Financial Analysis, or IEEFA, an Ohio-based nonprofit.
Mitsubishi Chemical Group would be capable of annually producing 350,000 tons of methyl methacrylate, or MMA, a chemical component found in cement, adhesives, textiles and plastics.
The facility would also be among the state’s top 50 greenhouse gas emitters, according to data from the Environmental Protection Agency. And it is being constructed in Ascension Parish, along a stretch of the Mississippi River between Baton Rouge and New Orleans known as “ cancer alley ” for its heavy industrial pollution.
The facility would release more than 780,000 tons of carbon dioxide annually even though an alternative production process less reliant on fossil fuels exists, the IEEFA report notes.
Mitsubishi stated in 2022 that its proposed facility in Louisiana “achieves the lowest possible carbon footprint for MMA production.” The proposed facility’s natural gas-based production process is also intended to help the industry shift away from the dominant method of cyanide-based production.
But IEEFA said Mitsubishi does not need to choose between cyanide or natural gas for the chemical component’s production since there is another option: An alternative biofuel-based technology has become viable and is already being adopted elsewhere by Mitsubishi and its competitors.
The market conditions and economic viability of the facility have also worsened, IEEFA reports. Compared to when Mitsubishi began planning this facility in 2014, construction costs have increased, prices for the chemical component have flatlined and growth forecasts have reduced.
The global market for methyl methacrylate will be oversaturated by the time the plant is expected to begin operating in 2028, said Tom Sanzillo, director of financial analysis for IEEFA and former deputy comptroller for New York.
The analysis estimates that U.S.-based producers will increase the amount of methyl methacrylate they are capable of producing to more than 1.2 million tons, while only needing to produce two-thirds of that amount.
“The U.S. market is not expected to expand beyond its historical norms,” the report states.
IEEFA notes that the Mitsubishi plant would be unlikely to find an outlet for its methyl methacrylate in China, the largest consumer and producer of the chemical component. Earlier this year, Mitsubishi shut down a methyl methacrylate plant in Hiroshima, citing oversupply from China.
Both Europe and the Middle East also face market uncertainties given the ongoing wars in Ukraine and Gaza, according to the report.
Mitsubishi Chemical Group representative Eri Nishumata declined an interview request on behalf of the company, stating that “the final investment decision has not yet been made.” Mitsubishi did not respond to a request for comment on IEEFA’s analysis.
Mitsubishi received an estimated tax exemption from the state of Louisiana for $17 million for its first year of operation, but multiple delays in beginning construction have pushed the start date back. Sanzillo said he believes the company is waiting to see if the market conditions improve before proceeding.
“The company is now using the government as a speculative tool,” he said. “And you’re not supposed to do that with subsidies, you’re supposed to go forward with them.”
The Louisiana Department of Environmental Quality stated in a February public notice that the Mitsubishi plant is not expected to have “a significant adverse impact on soil, vegetation, visibility or air quality in the area of the facility.”
Environmental groups point out that the hundreds of tons of pollutants the facility would emit are linked to harmful health impacts, including respiratory infection, lung cancer and strokes. A February public hearing for the facility’s pending air permit saw vocal opposition from some community members, while others praised the expected jobs and hope of economic benefits.
The Louisiana Department of Environmental Quality and Ascension Parish authorities could not be reached for comment.
While the Mitsubishi plant plans to directly employ 125 people, Ascension Parish resident Ashley Gaignard is skeptical that the facility will help her community or the environment.
“Bringing more industries into the community is a false solution,” said Gaignard, 47, who founded the environmental justice nonprofit Rural Roots. “Industry is the wheel that keeps Louisiana burning. And that’s the real truth about it.”
Louisiana
Stabbing death reported at Louisiana prison
(KTAL/KMSS) – A dispute that resulted in an inmate’s death is under investigation at a Louisiana state prison, according to the Department of Corrections.
DOC Director of Communications Ken Pastorick said the incident happened at Southern Correctional Center in Tallulah, Louisiana, and caused the death of Teldric Boyd, 31.
A new release said that around 3:25 a.m. on Monday, Boyd was allegedly stabbed in the neck with a shank by fellow inmate Austin Dean, 33. Correctional center staff is said to have immediately responded and rendered first aid, and then Boyd was brought to a local hospital, where he died at 5 a.m.
More Louisiana News
Madison Parish Sheriff’s detectives booked Dean, who they say admitted to stabbing Boyd after an argument the two men had Sunday night.
Boyd was serving a 14-year sentence for various convictions, including racketeering, aggravated battery, two counts of a felon in possession of a firearm, and drug offenses in Rapides Parish.
Dean was serving a 25-year sentence for manslaughter in Rapides Parish and a five-year sentence for aggravated assault on a peace officer; those sentences are to run consecutively.
The investigation is ongoing.
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For the latest news, weather, sports, and streaming video, head to KTALnews.com.
Louisiana
50 Cent Faces Opposition From Louisiana Senator After Buying More Property In Downtown Shreveport
by Jeroslyn JoVonn
December 24, 2024
50 Cent is at odds with one Louisiana lawmaker who’s taking issue with his growing real estate in Shreveport.
Curtis “50 Cent” Jackson’s growing real estate portfolio in Shreveport, Louisiana, is facing resistance from a state lawmaker urging city leaders to exercise greater caution when selling or leasing city-owned property.
The hip-hop mogul responded to a recent news article that revealed Louisiana state Sen. Sam Jenkins Jr.’s concerns about him buying more property in Downtown Shreveport after he bought three new properties last week.
“Sam Jenkins must not want things to turn around in Shreveport,” 50 Cent captioned an Instagram post. “Who would not do a deal to wait for a imaginary deal to come 😳? Or maybe he lacks faith in me. What do you think?”
Jenkins is expressing serious concerns about an excessive concentration of city assets being controlled by a single entity, particularly 50 Cent and his expanding G-Unit Studio empire. Since May, the rapper has invested over $3.7 million in cash to acquire 10 privately owned buildings and vacant lots in Shreveport, located on Texas Street, Spring Street, and Commerce Street.
Last week, 50 Cent added three new properties, including leases on Millennium Studios, the former Expo Hall/Stageworks, and interest in the Red River entertainment District under the Texas Street Bridge. While the Millennium Studios deal “has been made and should be honored,” Jenkins, a Democrat, told The Shreveport-Bossier City Advocate, he is urging the city to “pump the brakes a little bit. Let’s try to see what else is out there.”
“I’m just simply saying, let’s just be careful how far we go and begin to look at some performances based upon what we’ve already pledged or promised to do,” Jenkins said.
In October, Jenkins wrote to Shreveport Mayor Tom Arceneaux outlining his concerns. He also expressed a willingness to meet with 50 Cent to discuss strategies for improving Shreveport’s economic future.
However, 50 Cent took to Instagram again to let Jenkins know he doesn’t like his “tone” and is not interested in meeting with him to discuss his continued investment in Shreveport.
“I don’t understand why this man thinks I would come talk to him after he set this tone,” the rapper wrote. “Don’t hold your breath buddy. 😆”
The “Get Rich or Die Tryin’” rapper followed up with another Instagram post aimed at Jenkins where he declared his plans to stay in Shreveport.
“Tell Sam I said, whether he like it or not, I’m coming to Shreveport LOL 👀ALL ROADS LEAD TO SHREVEPORT 🎥,” he wrote.
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Louisiana
Clancy DuBos: Louisiana’s Top 10 Political Stories of 2024
There were so many big political stories in 2024 that my initial list ran well past the usual dozen or so items. I considered trying to convince my colleagues that a column on the year’s top 17 political stories would be clickbait gold, but then I remembered I’m decades older than most of them and know nothing of how clickbait actually works.
My only recourse was to lump quasi-related stories together to pare down my list to the requisite 10. Even then, at least half of the stories that made the cut involve Gov. Jeff Landry. It’s been that kind of year.
1. Jeff Landry’s power grabs — The Man Who Would Be Kingfish got busy in his first year as governor, stirring things up in everybody’s pond. I noted soon after he took office that he was attempting a Huey Long-style power grab. Now, less than a year later, a compliant GOP-dominated Legislature has given him a weaker public records law and absolute control of the most important state boards and commissions, particularly the higher-education boards and the ethics board. Lawmakers also gave him a Sword of Damocles over the state Supreme Court, the Public Service Commission, the state Board of Elementary and Secondary Education and the state’s GOP congressional delegation by subjecting them all to party primaries beginning in 2026. Anyone who represents a conservative district (which is most of them) will be “primaried” on the GOP side if they don’t toe Landry’s line. And he’s just getting started.
2. Louisiana’s insurance crisis — The irony of the second-biggest story of the year is that Landry and lawmakers did so little about it — beyond making it easier for insurance companies to raise rates, under the unproven theory that it will increase competition and somehow lower rates … eventually. Landry failed to call a special session to deal with the crisis and then vetoed the most important “tort reform” bill that lawmakers passed — handing his trial lawyer friends (read: campaign contributors) a big win.
3. Redistricting — Under pressure from federal lawsuits (and with Landry’s support), lawmakers created a second majority-Black congressional district and a second majority-Black Supreme Court district. This story isn’t over, however; the congressional map faces a court challenge.
4. Criminal justice reforms undone — As promised, the governor called lawmakers into a special session on crime. They promptly rolled back criminal justice reforms that a bipartisan majority of lawmakers approved in 2017. The new “tough on crime” laws guarantee that taxpayers will ultimately pay hundreds of millions of dollars more every year to fund prisons — one of Louisiana’s few growth industries.
5. Landry’s tax package passes, sort of — He didn’t get everything he wanted, but he got what he wanted most: a flat, 3% personal income tax. It’s not tax reform, though. To keep the plan in balance, Landry agreed to raising the state sales tax to 5%. Ironically, poor people won’t be the only ones paying more. Big, out-of-state corporations also will take a hit, despite a nominal reduction in their income tax rate from 7.5% to 5.5% — thanks to Landry and lawmakers eliminating corporate income tax loopholes.
6. The Senate steps up — State senators, led by Senate President Cameron Henry, R-Metairie, killed or watered down some of Jeff Landry’s most egregious proposals in his first year as governor — most notably the governor’s repeated attempts to call a quickie constitutional convention. Henry earned widespread praise for his stewardship of the upper chamber throughout the year, particularly for rescuing Landry’s tax plan in the November special session.
7. Sid Edwards wins BR mayor-president’s race — Republican Edwards, a high school football coach with no previous political experience, unseated Democratic two-term East Baton Rouge Parish mayor-president Sharon Weston Broome in a Dec. 7 runoff. Edwards is the first Republican to win the Capital City mayor-president’s job in nearly a quarter-century, and he did it in convincing fashion by capturing 54% of the vote.
8. Henry Whitehorn wins Caddo do-over — Democrat Whitehorn had to prove his worthiness twice to become Caddo Parish’s first Black sheriff. He won by a single vote last year, but the courts tossed that outcome and forced a do-over in March of this year. Whitehorn, a former head of the Louisiana State Police and former Shreveport police chief, garnered a convincing 53% of the vote in his second head-to-head race against Republican John Nickelson. Turnout for the do-over was significantly higher than the 2023 runoff, proving that Whitehorn’s one-vote margin last year was no fluke.
9. Lafayette school system in crisis — Addled by declining enrollment and soaring insurance costs, the Lafayette Parish School Board faces a $38 million budget challenge in the current academic year. A consultant hired by the board recommended large-scale school closures and consolidations, but board members last month bowed to public pressure and refused to implement most of those recommendations. Instead, the administration has announced a temporary hiring freeze across all departments.
10. LaToya Cantrell in feds’ sights — New Orleans’ globe-trotting mayor began to look more and more like a target of federal investigators after the feds indicted her bodyguard and a favored city contractor in separate cases. She’s handling the pressure well, however, by maintaining a busy travel schedule at taxpayers’ expense. Meanwhile, the New Orleans City Council filled the Big Easy’s leadership void and challenged Cantrell on several fronts. The council’s latest move was a vote to sidetrack Cantrell’s attempt to give a long-term French Quarter trash collection contract to a political ally who has no experience in trash collection. The French Quarter — and Cantrell — will no doubt draw lots of media attention during the Super Bowl, which New Orleans hosts on Feb. 9. Voters hope both will clean up in time for the big event.
And 2025 promises even more “interesting times.”
Happy holidays, y’all.
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