Current:Home > StocksPredictIQ-Portland Passes Resolution Opposing New Oil Transport Hub -WealthRoots Academy
PredictIQ-Portland Passes Resolution Opposing New Oil Transport Hub
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-07 02:10:20
Portland’s city council voted unanimously on PredictIQWednesday for a resolution opposing new projects that would increase oil train traffic near Oregon’s capital and in the neighboring city of Vancouver, Wash.
The resolution, which was approved by Portland Mayor Charlie Hales and the three city commissioners present Wednesday, comes as Washington Gov. Jay Inslee mulls the fate of what would be the country’s largest oil terminal, proposed for the Port of Vancouver. It would be located less than 10 miles away from downtown Portland across the Columbia River.
If approved, the $190 million complex would handle up to 360,000 barrels (or 15 million gallons) of oil a day. Much of it would travel by rail through Portland and surrounding communities.
“With this amount of oil comes an enormous amount of risk,” Cristina Nieves, policy advisor and executive assistant to the bill’s primary sponsor, Commissioner Amanda Fritz, said at the meeting. Nieves listed several fiery oil train accidents that have jolted communities North America, most notably a train explosion that killed 47 people in Lac-Mégantic, Quebec in July 2013.
The project also has a huge estimated carbon footprint. If all the incoming oil is burned, it would release more than 56 million metric tons of carbon pollution annually. That’s almost the same greenhouse gas pollution generated by 12 million cars, estimates the environmental group Columbia Riverkeeper.
Vancouver’s city council passed a resolution last June denouncing the project based on its risks to public health and safety, as well as the environment, which it said outweighed any associated economic opportunities, such as jobs and tax revenue.
Portland’s resolution, co-sponsored by Mayor Hales, “makes clear our support of Vancouver City Council’s decision and … I hope the resolution will urge Governor Inslee to oppose the project as well,” said Nieves.
Inslee will make a decision after he receives a recommendation in the next two weeks from members of the Energy Facility Site Evaluation Council (EFSEC). When EFSEC hands over all the project-related documentation to the governor, the package will include Portland’s resolution, which does not prevent new oil projects from being constructed but instead puts the city’s disapproval on record.
Another resolution was proposed by Hales and Fritz on Wednesday that would effectively ban new fossil fuel projects in Portland. A vote on that resolution, which climate activist and 350.org founder Bill McKibben called “visionary” in a recent editorial, was postponed until next week.
If it passes, a proposed propane facility in Portland would likely be blocked; however, it would not impact the Vancouver terminal because it is located across the state border in Washington.
About 100 people came to testify Wednesday on the resolutions, a diverse group that included longshoremen, middle schoolers, physicians, economists, and singing grandmothers.
The Pacific Northwest has received roughly 12 proposals for new oil transport and storage facilities in recent years. Energy companies are trying to make the region the country’s next major oil export hub, but they’ve faced increasing pushback from residents. Protests have included fossil fuel divestment campaigns, rallies, and dramatic efforts to stall Royal Dutch Shell’s Arctic-bound ships, such as blockades by kayaktivists in Seattle and activists dangling off the St. John’s bridge in Portland.
veryGood! (21426)
Related
- B.A. Parker is learning the banjo
- George W. Bush’s portraits of veterans are heading to Disney World
- 'Challengers' spicy scene has people buzzing about sex. That's a good thing, experts say.
- Travis Kelce Reacts to Jaw-Dropping Multi-Million Figure of His New Contract
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- 6-year-old girl goes missing along Michigan river where 7-year-old drowned the day before
- Astros send former MVP José Abreu down to minor leagues to work on swing amid slump
- Powell likely to signal that lower inflation is needed before Fed would cut rates
- This was the average Social Security benefit in 2004, and here's what it is now
- 1 person dead, buildings damaged after tornado rips through northeastern Kansas
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Why YouTuber Aspyn Ovard and Husband Parker Ferris Are Pausing Divorce Proceedings
- Horsehead Nebula's iconic 'mane' is seen in stunning detail in new Webb images: See photos
- Kaia Gerber and Austin Butler Get Cozy During Rare Date Night
- Average rate on 30
- This Texas veterinarian helped crack the mystery of bird flu in cows
- Kentucky Derby has had three filly winners. New challenges make it hard to envision more.
- Kansas tornado leaves 1 dead, destroys nearly two dozen homes, officials say
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
E. coli outbreak: Walnuts sold in at least 19 states linked to illnesses in California and Washington
Ford recalls over 240,000 Maverick pickups due to tail lights that fail to illuminate
Kansas tornado leaves 1 dead, destroys nearly two dozen homes, officials say
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Kansas has new abortion laws while Louisiana may block exceptions to its ban
Maine governor will allow one final gun safety bill, veto another in wake of Lewiston mass shootings
Maine governor will allow one final gun safety bill, veto another in wake of Lewiston mass shootings