“Fast-tracking giveaways to the fossil fuel industry is the opposite of climate leadership, and we won’t stop fighting to protect our communities and the climate,” said Collin Rees.
Virginia
Response: Withdrawal of Manchin permitting bill huge win for communities, climate
Today is a major defeat for the Manchin and American Petroleum Institute-approved bill which would have fast-tracked the Mountain Valley Pipeline and other fossil fuel projects.
Manchin’s Bill Could Wipe Out Climate Gains by Fast-Tracking Fossil Fuel Projects
Approving new gas pipelines and liquified natural gas export facilities would lead to hundreds of millions of tons of carbon dioxide equivalent per year for decades to come.
Release: New ‘permitting reform’ text from Sen. Joe Manchin would devastate communities, climate
“All Congress members should speak out publicly to stand with frontline communities and reject Joe Manchin’s dirty deal,” said Collin Rees.
New Coalition Urges Banks to End Bad Bets On Fracked Gas Pipeline
A group of environmental and financial organizations representing over 7,600,000 members and supporters announced the launch of the DivestMVP coalition to highlight the financial instability of the fracked gas Mountain Valley Pipeline.
New Money Behind the Mountain Valley Pipeline: Eight U.S. Banks Dominate the Top 10 Backers
A new report by Oil Change International on the Mountain Valley Pipeline (MVP) reveals that banks have continued pouring money into the project over recent years, despite numerous warnings that the project has been financially unsustainable and a threat to the climate.
This analysis, an update to our 2017 report, reveals that the estimated cost of the Mountain Valley Pipeline has nearly doubled since 2017, increasing the potential project cost from USD 3.5 billion to between $6.3 and $6.5 billion.
Over 43,000 Demand Feds Reject Fracked Gas Mountain Valley Pipeline Permit Extension
Water and climate advocacy organizations submitted comments and signatures from more than 43,000 people demanding that the Federal Energy Regulatory Commission (FERC) deny the fracked gas Mountain Valley Pipeline more time to construct the pipeline.
Oil Change International Response to Atlantic Coast Pipeline Cancellation
ACP’s cancellation is the exception that proves the rule. The truth is that fossil fuel companies have worked with federal agencies to permit dozens of projects across the U.S. by ignoring and circumventing laws that protect communities and natural resources and placing corporate profits above all else.
Investors Beware: Atlantic Coast Pipeline Faces Multiple Legal, Regulatory Threats
A new briefing for Dominion Energy investors by Oil Change International & Friends of the Earth U.S. breaks down some of the major challenges to the completion of the Atlantic Coast Pipeline, which faces significant financial, legal, and regulatory hurdles.
Briefing: Atlantic Coast Pipeline – Risk Upon Risk
The ACP is facing a triple threat of challenges that combine to present serious obstacles for the project to reach completion, which are are likely to further delay construction and raise the project’s price tag even higher. It would be prudent for investors to question whether pursuing the project further is a wise use of capital.