Dominion, Duke abandon plans to build $8B Atlantic Coast Pipeline
citing 'increasing legal uncertainty'
The proposed Atlantic Coast Pipeline has been scrapped after years of legal challenges and construction delays.
The projects developers, Dominion Energy and Duke Energy, announced the pipelines cancellation in a joint statement on Sunday, citing increasing legal uncertainty less than a month after the U.S. Supreme Court approved a critical permit that West Virginia Gov. Jim Justice celebrated as an exciting victory.
This announcement reflects the increasing legal uncertainty that overhangs large-scale energy and industrial infrastructure development in the United States, Dominion CEO Tom Farrell and Duke CEO Lynn Good said in the statement. Until these issues are resolved, the ability to satisfy the countrys energy needs will be significantly challenged.
The 600-mile natural gas project had faced opposition since its 2014 introduction from environmental advocates, landowners and activists who argued that the pipeline would scar pristine landscapes while also questioning its necessity.
https://www.msn.com/en-us/news/us/dominion-duke-abandon-plans-to-build-dollar8b-atlantic-coast-pipeline-citing-increasing-legal-uncertainty/ar-BB16mzln?li=BBnb7Kz