The Obama Administration has been using the EPA and the permitting process to make easy permitting for friends and campaign donors, but a GOP state like Texas gets the hand. This is the type of bnana republic abuse of power that is so typical with this administration. Welcome to Chicago.
Chase Power, the parent company behind the $3 billion Las Brisas coal power plant in Corpus Christi, Texas, announced yesterday that it was cancelling the project.
“Chase Power … has opted to suspend efforts to further permit the facility and is seeking alternative investors as part of a plan of dissolution for the parent company,” Chase CEO Dave Freysinger told the Corpus Christi Caller-Times.
Freysinger made it very clear who was responsible for the projects death. “The (Las Brisas Energy Center) is a victim of EPA’s concerted effort to stifle solid-fuel energy facilities in the U.S., including EPA’s carbon-permitting requirements and EPA’s New Source Performance Standards for new power plants,” he said.
The Las Brisas power plant had been part of a larger Las Brisas Energy Center project planned for Corpus Christi’s Inner Harbor. Economists had projected that in the first 5 years of construction and operation the project would create as 1,300 direct and 2,600 indirect jobs. Now none of those jobs will exist.