Puerto Rico will privatize its power utility.
The Federal Energy Regulatory Commission granted the PennEast Pipeline its certificate of public convenience and necessity on Friday, which also allows the company to acquire land through eminent domain.
The proposed $1 billion pipeline would run nearly 120 miles from Pennsylvania to New Jersey and transport up to 1 billion cubic feet of natural gas a day. Its opponents say it would threaten the health and safety of nearby communities and endanger natural and historic resources. Proponents maintain that the pipeline is an economic boon that will lower energy costs for residents.
After getting the OK from FERC, the company moved up its estimated in-service date to 2019, with construction to begin this year. But it won’t necessarily be an easy road ahead. The pipeline still needs permits from the State of New Jersey, Army Corps of Engineers, and the Delaware River Basin Commission. And while Chris Christie was a big fan of the pipeline, newly elected Governor Phil Murphy ran a campaign promising a green agenda and has already voiced opposition.
Pipeline opponents are demonstrating this afternoon and taking the developers to court. “It’s just the beginning. New Jersey doesn’t need or want this damaging pipeline, and has the power to stop it when it faces a more stringent state review,” Tom Gilbert, campaign director of the New Jersey Conservation Foundation, said in a statement.
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