(Bloomberg) -- One of the world’s thickest clusters of petrochemical and plastics factories may ban new solar farms amid a boom in construction of the electricity-making arrays.
The St. James Parish Council in southern Louisiana is scheduled to consider a resolution late Wednesday that would impose a moratorium on the approval or permitting of solar farms, according to the meeting agenda. The motivations for the proposed prohibition were not spelled out but St. James and surrounding jurisdictions have seen a rush of solar developments as power companies seek to distribute more carbon-free electricity.
While solar is now among the cheapest electric sources -- and even now powers oil and gas operations in Texas -- it still faces resistance from some corners of the country. A representative of the St. James Parish Council president’s office was unavailable for comment during regular business hours.
DE Shaw & Co.’s renewable-investment unit, Entergy Corp. and NextEra Energy Inc. have been among those seeking to build or buy power from new solar arrays in and around southern Louisiana. St. James Parish has been one of the nation’s chief petrochemical hubs for decades due to its proximity to massive tranches of natural gas and oil, as well as pipeline networks and international ports.
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