Pulling the plug on Atlantic Coast Pipeline is 'lost opportunity' for jobs: Energy secretary
US energy secretary: Duke, Dominion decision a ‘lost opportunity’
U.S. Energy Secretary Dan Brouillette says the decision to cancel the Atlantic Coast Pipeline is disappointing due to the number of jobs that it would have created.
The decision by builders to cancel the construction of the Atlantic Coast Pipeline is "disappointing" but "economically rational," Energy Secretary Dan Brouillette said Monday after companies scrapped the 600-mile natural gas pipeline that had originally been planned in 2014.
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COMPANIES CANCEL ATLANTIC COAST PIPELINE AFTER YEARS OF DELAY
Duke Energy Corp. and Dominion Energy Inc. announced Sunday they were pulling the plug.
"It’s a lost opportunity because of the number of jobs that would have been created in places like West Virginia, Pennsylvania, Ohio, Virginia and North Carolina," Brouillette told "Varney & Co." in his first interview following the companies' decision. "The other lost opportunity here is lower energy costs for all of the residents in North Carolina. So a very important decision by these two companies. Disappointing, but I understand it."