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DeSmog Dec 20, 2018 @ 13:56 Louisiana plans to collect no industrial property tax from the $15.2 billion Driftwood liquefied natural gas (LNG) export terminal planned for its southwest corner, state officials announced last week.  Critics say this tax break is worth $1.4 to $2.4 billion, making it one of the largest local corporate tax exemptions in American history even larger than those offered to Amazon for its much sought-after second headquarters. Proposed by the natural gas firm Tellurian, the Driftwood terminal, which would liquefy and export 4 billion cubic feet of natural gas a day, is one of over a dozen gas export terminals proposed around the U.S. and fueled by a glut of shale gas released by fracking. The final investment decision for Driftwood is expected in early 2019, as are decisions on two other proposed Gulf Coast export terminals. 

New yorkUnited statesCalcasieu parishCalcasieu riverLake charlesCameron parishMack dellafosseScott walkerGreg leroyTarek soukiTeri johnsonBob marshallPatrick fellerJohn bel edwardsCalcasieu parish school boardInternational energy agency world outlook