ConocoPhillips Promises “Zero Impact” from Open Loop at Compass Port
Posted on Feb 17, 2006 in Environmental, Marine Regulation, Regas Terminals & Capacity, State and Local Issues | Comments Off on ConocoPhillips Promises “Zero Impact” from Open Loop at Compass Port
The Mobile Register today reports that ConocoPhillips has offered to “provide written and legally binding environmental guarantees that their ‘open loop’ seawater reheating system would have ‘zero impact on species of concern.'” According to the report, officials also offered to offset any impacts on fisheries and contribute $2 million per year to conservation groups to improve marine fisheries. Additionally, ConocoPhillips has offered a package of incentives to Alabama, including an “energy guarantee” of 200 MMcf/day of gas “at going market prices,” and priority employment consideration to Alabama residents. [This article is no longer available online.]