An Economic Impact Analysis of a Planned Plastics Pyrolysis Facility in Follansbee, WV скачать в хорошем качестве

An Economic Impact Analysis of a Planned Plastics Pyrolysis Facility in Follansbee, WV

The Empire Diversified pyrolysis facility proposed for construction in Follansbee, West Virginia would likely bring very few jobs and is estimated to generate little additional revenue for local and state budgets, according to a new report from the Ohio River Valley Institute. Analysis conducted using IMPLAN, a common economic modeling tool, suggests the project and associated downstream economic activity could support 38 direct jobs and fewer than 63 total jobs. Based on available information, the project is estimated to add less than $28,000 in county-wide tax revenue. In this report release webinar, author and ORVI economist Nick Messenger explains the report's key findings and their implications for Follansbee and Brooke County. Guest speaker Dr. Veena Singla, Ph.D., an environmental health researcher with the University of California San Francisco, adds insights from her research on pyrolysis and environmental health. “As with any local development project, city and county decisionmakers should consider the Empire Diversified’s projected economic impact when weighing whether this facility is truly the best path forward for the residents of Follansbee and Brooke County,” Messenger explains.