STEVEN MAVIGLIO
Valero (VLO) Causing Problems in Texas Too -- For Schools and Local Governments
Here's another reason to boycott Valero, the Texas oil company banking the dirty energy proposition. The company is a bad corporate citizen in its home state too.
According to a Houston Chronicle article today, the company is seeking to rob millions from school districts and local governments by claiming tax credits for equipment http://www.chron.com/disp/story.mpl/metropolitan/6959428.html. Staff at the Texas Commission on Environmental Quality are fighting the company, saying it doesn't deserve the credits. But Valero has given thousands of dollars to conservative Republican Governor Rick Perry, and is appointees on the Commission appear to be bucking the recommendation of staff.
If Valero gets the credits, it could wreck local school districts and municipal governments in the communities where its refineries are located. According to the newspaper, In Texas City, where Valero operates a refinery, the school district receives 95 percent of its