Delays, obstruction or cancellation of pipeline infrastructure in the United States are threatening pipeline infrastructure projects worth of at least $13.6 billion in economic activity, more than 66,000 jobs and more than $280 million a year on state and local tax revenues, Kallanish Energy reports.
That assessment came in a new report from the Consumers Energy Alliance, a consumers’ group supporting affordable energy for consumers from its office in Washington, D.C.
The report is the first time that the alliance quantified the potential and actual economic harm that anti-energy interest groups and allied policymakers, regulators and judges are creating.
That threat is growing at a time when the U.S. needs pipeline and energy projects to rebound from the coronavirus pandemic, the alliance said.
It said pipeline opposition in New York, New Jersey and Pennsylvania puts $3.5 billion of economic activity and more than 17,000 good-paying union jobs at risk and nearly $52 million in tax revenues.
The canceled Northeast Supply Enhancement project to bring more natural gas to New York City could have saved consumers 65% on utility bills and prevented annual carbon emissions equal to 500,000 cars, it said.
Projects in Virginia, West Virginia and North Carolina that would produce economic activity of $2.7 billion, $75 billion in projected energy savings and 17,000 jobs are at risk, the report said.
The report also looked at pipeline projects are that pending in Michigan, Minnesota, the Upper Midwest, Montana, South Dakota, Nebraska and Louisiana.
“With almost $14 billion of ready investment to fuel post-Covid recovery available, the campaign to impede America’s vital energy infrastructure projects is putting the desires and politics of the few against the economic needs of the many and out nation,” said CEA President David Holt in a statement.
“We can put people back to work now if our policymakers can find the courage to say no to politically motivated anti-energy groups who lack a realistic plan to help get America back on its feet,” he said. “It’s time to reject those who offer fact-free opposition to our energy needs in a let-them-eat-cake manner that only harms ordinary people and businesses and erases the chance for immediate environmental gains.”
The full report is available here.
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