Sunday, July 5, 2020

Unexpected news

Dominion Energy and Duke Energy announced Sunday afternoon that the Atlantic Coast Pipeline project is cancelled.

According to a release sent to CBS19 News, the cancellation of the project happened because of ongoing delays and increasing cost uncertainty, which they said threatened the economic viability of the project.

The project was announced in 2014. Over the past six years, the project has faced legal challenges with their federal and state permits to build. Both companies say these challenges caused their project costs to go up while delaying the construction of the pipeline.

On June 15, the U.S. Supreme Court ruled that the Atlantic Coast Pipeline can be allowed to cross under the Appalachian Trail.

  CBS19
Looks like that won't be happening.

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