Energy companies abandon long-delayed Atlantic Coast Pipeline
By Erin Cox and Gregory S. Schneider
July 5, 2020
The two energy companies behind the controversial 600-mile Atlantic Coast Pipeline on Sunday abandoned their six-year bid to build it, saying the project has become too costly and the regulatory environment too uncertain to justify further investment.
The natural-gas pipeline would have tunneled under the Appalachian Trail on its way from West Virginia through Virginia and into North Carolina, building an energy infrastructure proponents said would attract economic development to the region.