Thursday, November 17, 2016

Encouraging news for PennEast Pipeline opponents

In a rebuke to a proposed natural-gas pipeline, the New Jersey Division of Rate Counsel argued that the applicant has failed to demonstrate the PennEast project is needed and fails to justify the profits that would be earned from it.
Tom Johnson reports for NJ Spotlight:
The 118-mile project through parts of Pennsylvania and New Jersey is under review by the Federal Energy Regulatory Commission, but has come under tough scrutiny from a number of state and federal agencies in comments submitted on a draft environmental impact statement.
The Division of Rate Counsel’s latest submittal repeats and refutes assertions made by a consultant for PennEast Pipeline Company LLC in a project that has become mired in delays, the latest caused by dozens of modifications in the proposed route of the project.
NJ Rate Counsel Stefanie Brand
The opposition from Stefanie Brand, the director of the rate counsel office, is significant in that it marks a departure from the Christie administration’s past support of expansion of the state’s natural-gas infrastructure.
But in the office’s latest submittal, it argued that PennEast continues to fail to demonstrate an actual need for the project, estimated to cost in excess of $1 billion.
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