RICHMOND, Va. -- The developers of the Atlantic Coast Pipeline have announced they are canceling the multi-state natural gas project due to delays and “increasing cost uncertainty.”
Despite a recent victory before the U.S. Supreme Court over a critical permit, Dominion Energy and Duke Energy said in a statement Sunday that “recent developments have created an unacceptable layer of uncertainty" for the $8 billion, 600-mile project designed to cross parts of West Virginia, Virginia and North Carolina.
The project has drawn fierce opposition from a coalition of landowners, activists and environmental advocates.
