The Tree Frog News

Category: Region:
 
Reset Search Show Today's News
 

Company & Business News

LePage bill, intended to create jobs, would have given special deal to Irving

By Tux Turkel

Categories: Company & Business News
Region: United States; US East
Jun 18, 2017
Portland Press Herald

Gov. Paul LePage promoted a late-session bill this month that would have benefited Canadian forestry giant J.D. Irving by giving above-market-rate electric contracts to companies that create sawmill and biomass energy jobs. Irving’s name doesn’t appear on L.D. 1632, which calls for establishing a manufacturing jobs program. Although other companies potentially could benefit from it, the proposed law was written on behalf of and tailored for Irving. Lawmakers refer to it simply as the Irving bill. Critics say the bill, which expands elements of an existing program and ties new incentives to biomass plants, amounts to a multimillion-dollar subsidy for one of the state’s largest landowners. They also say it was hypocritical for a governor who rails against energy policies that increase electric rates to support a bill that would do exactly that.

Read More

Back to Top