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Tuesday
May122015

The Business Climate

Next time at the holiday meal when that one angry uncle is saying would-be-covertly racist shit about 'welfare' and/or the damn government and the 'business climate' (such a terrifying and telling term), this would be a good piece to direct him to, before proceeding to ignore him entirely.


"US taxpayers subsidising world's biggest fossil fuel companies... Shell’s proposed $4bn plant in Pennsylvania is set to benefit from tax credits of $66m a year for 25 years. Shell has bought the site and has 10 supply contracts in place lasting up to 20 years, including from fracking companies extracting shale gas in the Marcellus shale field. The deal was struck by the then Republican governor, Tom Corbett, who received over $1m in campaign donations from the oil and gas industry. According to Guardian analysis of data compiled by Common Cause Pennsylvania, Shell have spent $1.2m on lobbying in Pennsylvania since 2011.


A Shell spokesman said: “Shell supports and endorses incentive programmes provided by state and local authorities that improve the business climate for capital investment, economic expansion and job growth. Shell would not have access to these incentive programmes without the support and approval from the representative state and local jurisdictions.”

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