Posted on Jun 23, 2006 in
Regas Terminals & Capacity,
State and Local Issues |
Comments Off on Report: LNG Development Would Hamper Economic Growth Near Passamaquoddy Bay
An study commissioned by Save Passamaquoddy Bay, a local LNG opposition group, dismisses claims that the proposed LNG import terminals near Passamaquoddy Bay would spur economic growth in the area, and concludes instead that the terminals would hurt the area’s fishing and tourism industry, raise local municipal costs, and decrease property values. The study by Yellow Wood...