Companies Halt Construction Of Atlantic Coast Pipeline Despite Supreme Court Win

Mealey's (July 7, 2020, 1:51 PM EDT) -- RICHMOND, Va. — Despite a victory at the U.S. Supreme Court last month in which a divided panel ruled that construction of the Atlantic Coast Pipeline (ACP) could proceed, the two companies building the pipeline made a joint announcement on July 5 that they were ceasing construction due to “ongoing delays and increasing cost uncertainty which threaten the economic viability of the project.”...

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