Nelson County, Virginia
“Dominion Energy (NYSE: D) and Duke Energy (NYSE: DUK) today announced the cancelation of the Atlantic Coast Pipeline (“ACP”) due to ongoing delays and increasing cost uncertainty which threaten the economic viability of the project.”
According to a news release in Dominion Energy’s website Sunday afternoon, they have pulled the plug on the Atlantic Coast Pipeline.
The news, oddly, was released on a Sunday on a holiday weekend.
The Virginian Pilot reports here
The Wall Street Journal picks up the story here
According to a quote in the Virginia Pilot story, Dominion has sold their pipeline operations to Warren Buffet’s Berkshire Hathaway.
“Dominion wants to focus on its regulated electric and natural gas utilities and its push to net zero carbon emissions, chairman and chief executive officer Thomas Farrell said Sunday, announcing the $9.7 billion sale of the company’s gas pipeline operations to Warren Buffett’s Berkshire Hathaway investment company.”
Twitter is abuzz with discussion about the decision:
https://twitter.com/RobertVosFrere/status/1279870987526234112?s=20
https://twitter.com/nonsellcom/status/1279870794038833153?s=20
https://twitter.com/ButterFFect/status/1279870670894067712?s=20
https://twitter.com/cddeaton/status/1279870475204808706?s=20
More coming refresh your browser.
BEST NEWS NELSON COUNTY COULD RECEIVE!!!
Wonderful–and I wonder if they will be made to repair the damage like at Wintergreen Mountain?
[…] I met Marilyn Shifflett of Nellysford many years ago. I can’t tell you exactly when, but it’s been over 10 of the 20 years we’ve lived here permanently. I didn’t really get to know Marilyn and become closer to her until the looming threat of the Atlantic Coast Pipeline (ACP) became a very real threat to majestic mountains of Nelson County. You can’t think about the ACP and the opposition to it without thinking of Marilyn Shifflett. She was a tireless crusader against the pipeline, and in the end, in great part to her efforts, Dominion finally gave up and pulled the plug on the ACP. […]