What FERC’s Approval of Cove Point LNG Tells Us About the “Rubberstamp” Agency

Cool Revolution

14645003974_5c08995611_hOn September 29, the Federal Energy Regulatory Commission put its stamp of approval on the Cove Point LNG project, Dominion Resources’ bid to convert its liquefied natural gas import terminal on the Chesapeake Bay into an export facility. It’s the fourth approval FERC has granted to build an export facility, and the first on the Atlantic Coast. The first three are located on the Gulf Coast.

Why is Cove Point important? Some have been calling it “the next Keystone XL.” What the Keystone XL pipeline is to the Alberta tar sands, Cove Point is to the Marcellus Shale, a porous rock formation harboring as much as 500 tcf of methane gas. If constructed, the Keystone XL would be a major conduit of dirty bitumen from the tar sands, and consequently it’s become the rallying call for opposition against extraction of the tar sands. Likewise, if Cove Point is built, it…

View original post 3,096 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s