OC Voice

Poseidon Resources Inc. told elected officials and taxpayers that if its energy intensive and costly desalination projects were approved in Carlsbad and Huntington Beach, California that there would be no cost or risk to taxpayers. But they will directly benefit from a $350 million subsidy with much more likely to come.

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City council and company claims to the contrary, Poseidon Resources Inc.’s desalination projects have little to do with free-market karma and the entire desalination industry was built on over $1 billion in tax subsidies–and more is on the way.

By John Earl
OC Voice Editor
An environmental scientist for the California Coastal Commission says that the cost of water to be produced by a desalination plant approved by the city of Huntington Beach has been greatly underestimated by the developer and that proposed mitigation measures for its impact on ocean marine life are inadequate.
The project was [...]