Vog has it exactly right, although he neglects to include the price tag of $6 billion, taxpayer funded, for a deepwater port where the water is not deep. Based on market analysis and economic data, this project was doomed to fail from the beginning. Too bad the Ports Authority spent $30 million on land valued, at that time, of $5 million without first doing their due diligence. Since then, they've spent $20 million more!
Jim Bradshaw irresponsibly pushes this project despite the opposition from Governor Elect Pat McCrory, the NC General Assembly, the six impacted coastal towns and, undoubtedly, Duke Energy. Bear in mind that the land is surrounded on two sides by a twin tower nuclear power plant, which Mr. Bradshaw, while rooting for heavy industry, seems to forget.
We wonder how Mr. Bradshaw keeps his job. What has he actually done for Brunswick County? We know he promised a deepwater port at Southport to Caterpillar in his presentation materials! Promising a port that doesn't exist and might never exist to a Fortune 500 company (as though they wouldn't do their own due diligence!) should have cost him his job on the spot. Not only did he undermine the credibility of the County, but he managed to make the State look foolish as well.
We are comforted by the fact that everyone told us we could not stop the port.
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