Initially, Cove Point helped the United States overcome what was then an energy shortage. Now that our nation is developing a burgeoning surplus of natural gas, Cove Point can help send a small portion of that surplus to allied nation’s looking for stable supplies of clean energy, supporting economic development and replacing coal as a fuel.

Source: www.fierceenergy.com

>” […] The project offers significant economic, environmental and geopolitical benefits. The construction of the approximately $3.8 billion export project will create thousands of skilled construction jobs, an additional $40 million in annual tax revenue to Calvert County, and millions of dollars in new revenues for Maryland and the federal government, as well as a reduction in the nation’s trade deficit by billions of dollars annually.

Dominion’s project has faced and will continue to face significant and widespread grassroots opposition. Despite these benefits, environmental and community groups are denouncing FERC’s approval of the controversial project, claiming that the facility will incentivize environmental damage from fracking across the mid-Atlantic region and, according to federal data, would likely contribute more to global warming over the next two decades than if Asian countries burned their own coal.

Environmental groups, including the Chesapeake Climate Action Network, Earthjustice, and the Sierra Club are poised to petition FERC and potentially to sue the agency to challenge on the basis of an inadequate environmental review. These groups are assessing the issue upon which to file a motion for a rehearing, which needs to occur before an appeal can happen.

The groups claim that in its Environmental Assessment, which was limited at best, FERC omitted credible analysis of the project’s lifecycle global warming pollution, including all the pollution associated with driving demand for upstream fracking and fracked gas infrastructure.

The Dominion Cove Point project would be the first LNG export facility to be sited so close to a residential area and in such close proximity to Marcellus Shale fracking operations, and could trigger more global warming pollution than all seven of Maryland’s existing coal-fired power plants combined, the groups contend.

“FERC’s decision to approve Cove Point is the result of a biased review process rigged in favor of approving gas industry projects no matter how great the environmental and safety concerns,” said Mike Tidwell, director of the Chesapeake Climate Action Network, in a statement. “FERC refused to even require an environmental impact statement for this $3.8 billion facility right on the Bay. We intend to challenge this ruling all the way to court if necessary…we will continue to fight this project until it is stopped.”

Dominion must now review and accept the order. Upon completion, Dominion will file an implementation plan describing how it plans to comply with the conditions set forth in the order. Dominion expects to ask the FERC for a “Notice to Proceed” at that time and plans to begin construction when the notice is received. This process – from Dominion review through FERC’s notice – is expected to take several weeks.

Cove Point is the fourth liquefied natural gas export project to receive approval to site, construct and operate and is the first LNG export project on the East Coast. “<

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