Could cap-and-trade sink the gasline?

December 31, 1969

Alaska Dispatch

Rena Delbridge

Pending federal legislation restricting carbon dioxide could hurt a natural gas pipeline project designed to deliver fuel that could help wean the nation off higher-emission coal.

Joe Balash, a special assistant to Gov. Sean Parnell, said the current bill before Congressional committees would add to the costs of a large-diameter natural gas pipeline, proposed by two different groups to run from the North Slope to the North American pipeline infrastructure in Alberta, Canada. Under one scenario, the cap-and-trade legislation could sink the project pegged as the only way to fuel Alaska's state treasury as oil production falls off.

More...

<- Go Back