Posted: Monday, October 3, 2016 2:00 am
Maybe it is time for FERC to listen to outside experts and not just rely on its staff, which love to rubber-stamp “Approval” for all pipelines?
Synapse Energy Economics, Inc., a leading international research and consulting firm from Cambridge, Mass., released a study this month which examined the natural gas pipeline situation in Virginia. Looking at current as well as future needs they provided statistics which showed that neither the Mountain Valley Pipeline nor the Atlantic Coast Pipeline is needed.
Companies, such as Dominion, like pipelines because they return the highest profit margin on any type of capital investment – as much as 14 percent annually. And it’s guaranteed by the State Corporation Commission.
More about Pipelines
More about Pipeline
- ARTICLE: Natural gas pipeline forum to be held at Roanoke College
- ARTICLE: Protesters decry McAuliffe’s pipeline stance
- ARTICLE: Dominion retains controlling share
- ARTICLE: Three-day picket takes aim at McAuliffe’s record on pipelines, coal ash
- ARTICLE: McAuliffe’s ‘not my problem’ approach hurts citizens
More about Ferc
- ARTICLE: FERC’s curious passivity
- ARTICLE: Editorial: Why pipeline opponents shouldn’t count on FERC
- ARTICLE: FERC draft report calls pipeline’s potential impact ‘limited’
- ARTICLE: State agency recommends routing Mountain Valley Pipeline to avoid karst in Montgomery County.