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The Passamaquoddy Bay study
The Passamaquoddy Bay study provides useful insights into the costs and effects upon areas around an LNG facility.
Sections of the Summary Q & A are illuminating. Excerpts follow:
In this study, the research group estimates "The cost of an Emergency Medical Services base for a host community has been estimated at $700,000. The local cost of public safety for LNG tanker arrivals and departures is estimated at $12,500 for every tanker... ...Communities without police boats will have to invest in them."
In the Passamaquoddy Bay study, the research group estimates "a 20-35% reduction in the value of properties right next to the site, and 10-25% reduction in the value of properties within a mile of the site, and a 5-15% reduction in the value of properties with two miles of the site."
The Summary Q & A also addresses the jobs question, but the outlook isn't encouraging "We estimate there will be approximately 8 jobs in administration, personnel, security, and maintenance available for local residents at pay levels ranging from $30,000 to $40,000 a year (including benefits)... ...This number of jobs provided by an LNG terminal does not take into account jobs lost in other sectors, such as fisheries and tourism."
September 14, 2006 in News | Permalink
Comments
The jobs picture is a different story than the one NO Star is picturing. They say 60 jobs at $60 K a year. Well the US job picture at operating lng facilities is form 23 to 60. somehow I do not think that facility operators are paying security and maintenance personnel $60K per year. Who knows maybe I am wrong, If it is true the job application line will be long for these jobs.
Posted by: George Exum | Sep 16, 2006 6:41:11 PM
The representation of jobs that the LNG facility might provide to the local area is one of those questions where Northern Stars answers are less than believable.
Another serious concern is the hidden / undisclosed security service costs to the local counties. How much would our (little) counties have to pay for the "local cost of public safety for LNG tanker arrivals and departures"? If it is anywhere near the "estimated at $12,500 for every tanker" at 125 expected tankers every year, that adds up to real money.
Posted by: Doug Sheresh | Sep 17, 2006 12:10:06 AM
