Jet Fuel.pdf

CEA_LINE5_REPORT_2021_DIGITAL_FINAL.pdf
Preview of jet fuel
🔗 Source: consumerenergyalliance.org
📊 Size: 1.08 MB
📄 Pages: 17 pages
⬇️ Downloads: 118

Summary

The closure of Enbridge Line 5 pipeline would have significant economic impacts on Michigan, Ohio, Indiana, and Pennsylvania. Key findings include:
Total annual economic losses of $20.8 billion
$8.3 billion reduction in combined Gross State Product
$2.36 billion foregone labor earnings
33,755 lost jobs
* $265.7 million lower annual state tax revenues
The shutdown would particularly harm the Upper Peninsula of Michigan, which relies on Line 5 for 65% of its propane supply. Refineries and petrochemical plants in the region would lose feedstock resources, leading to production and job losses in downstream industries such as plastics manufacturing and synthetic rubber production. The closure would also drive up operating costs for regional farmers and increase home heating costs, potentially exacerbating population out-migration from the Midwest.

Description

The closure of Enbridge Line 5 pipeline would have significant economic impacts on Michigan, Ohio, Indiana, and Pennsylvania.

Technical Information

  • File Format: PDF
  • File Size: 1.08 MB
  • Pages: 17
  • Language: EN
  • Total Downloads: 118
  • Last Updated: 1 month ago

Document Overview

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