Disconnecting the pipeline from the Atlantic Coast is a “lost opportunity” for jobs: Secretary of Energy


Builders’ decision to cancel construction of the Atlantic Coast pipeline is “disappointing” but “economically rational,” Energy Secretary Dan Brouillette said Monday after companies scrapped the originally planned 600-mile pipeline. in 2014.

COMPANIES CANCEL PIPE ON THE ATLANTIC COAST AFTER YEARS OF DELAY

Duke Energy Corp. and Dominion Energy Inc. announced Sunday that they were going offline.

“It is a missed opportunity due to the number of jobs that would have been created in places like West Virginia, Pennsylvania, Ohio, Virginia and North Carolina,” Brouillette told “Varney & Co.” in her first interview after the decision of the companies. “The other missed opportunity here is to cut energy costs for all residents of North Carolina. It is a very important decision by these two companies. Disappointing, but I get it.”

This Feb. 8, 2018 file photo shows a sign along a highway protesting the Atlantic Coast Pipeline route in Deerfield, Va. (AP Photo / Steve Helber, File)

In a joint statement, the companies said: “Despite the overwhelming 7-2 victory last month in the United States Supreme Court, which upheld the project and the decisions made by permitting agencies, recent developments have created an unacceptable layer of uncertainty and anticipated delays for [Atlantic Coast Pipeline]. A series of legal challenges to federal and state project permits has caused significant increases in project costs and time delays. “

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Environmentalists celebrated the cancellation.

“Really huge: After a powerful organization of tens of thousands of great activists, Duke Energy and Dominion Energy throw in the towel and cancel the Atlantic Coast Pipeline”, Bill McKibben, founder of 350.org, a group that opposes the use of fuels fossils, wrote on Twitter “Thank you very much to those who fought.”

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