Court reinstates Formosa’s St. James plant permit, but project’s economics remain bleak 

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Last week, the Louisiana First Circuit Court of Appeals overturned a lower court decision and reinstated a permit for Formosa’s proposed $9.4 billion petrochemical complex in St. James Parish, according to the Institute for Energy Economics and Financial Analysis. The decision reverses a lower court ruling that demanded closer scrutiny of the project’s potential to

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