Subsidy Tracker Individual Entry

Company: 
Royal Dutch Shell
Parent Company: 
Royal Dutch Shell
Subsidy Source: 
state
Location: 
Pennsylvania
Project Description: 

ethane cracker plant

Year: 
2012
Major Industry of Parent: 
oil and gas
Specific Industry of Parent: 
oil & gas
Subsidy Value: 
$1,650,000,000
Program Name: 
special state tax credits
Awarding Agency: 
state legislature
Type of Subsidy: 
MEGADEAL
Source of Data: 

The estimated 25-year value of the subsidy was reported in Peter Jackson, "Proposed Shell tax break in Pa. worth $66M a year," Associated Press, June 5, 2012 and Laura Olson, "Shell could get up to $1.65 billion in tax credits," Pittsburgh Post-Gazette, June 5, 2012.

Notes: 

The subsidy consisted of state tax credits worth $66 million per year over a 25-year period. As of June 2013 the company had not yet chosen a final location. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.