Cancel the Mountain Valley Pipeline
Recent financial reports reveal there is no longer an economic necessity for the Mountain Valley Pipeline, also known as MVP, currently taking place in Virginia. The project has been throwing good money after bad and now it’s time to tell members of Congress and the Corporations supporting MVP to cancel the project all together!
Mothers Out Front is committed to protecting all children from the climate crisis that impacts their health today and a livable climate for them tomorrow. This climate action petition will not just be sent to the Corporations part of the project, but to every U.S. Congressperson and Senator to inform them we need for them to step up and make canceling the Mountain Valley Pipeline one of their top priorities this legislative cycle.
The Global Energy Monitor Report “Pipeline Bubble 2021: Tracking Global and Oil Pipelines” concluded there’s a $1 trillion risk of stranded assets. Mountain Valley Pipeline is on track to be one of those stranded assets. Research on the MVP reveals more than 25% of the most challenging segments of the route are left to complete.
Due to poor construction planning the project has ballooned from $3 billion to $6 billion and is years behind schedule. Recent economic outlooks project there is no longer a necessity for the project because of a combination of existing pipelines increasing their capacity, increase in energy efficiency, and the renewable energy storage revolution.
With the MVP facing multiple environmental lawsuits, criminal investigations, and its ability to obtain the permits to cross hundreds of waterways in question; it’s time for the partners Equitrans Midstream (ETRN), EQT Corp. (EQT), Con Ed (ED), NextEra (NEE), Alta Gas (TSX:ALA) and Roanoke Gas Resources (RGCO) to cancel the MVP project.