It’s good news that Vermont Gas Systems announced they will hit the reset button on the planned new gas pipeline in Western Vermont. Global warming demands far greater scrutiny of new fossil fuel expansions.
And those cost increases don’t even look at the increased greenhouse gas emissions from continuing our reliance on fossil fuels.
In the wake of these cost increases, Vermont Gas asked regulators to put a hold on the hearings for the second phase of the project. These hearings were scheduled to begin in January.
At a time when global warming requires that we move quickly away from reliance on fossil fuels, it is hard to justify spending hundreds of millions of dollars on new pipelines that keep us dependent on polluting fossil fuels long into the future.
It is no surprise to CLF that costs are skyrocketing. Expanding reliance on polluting fossil fuels is a bad bet. These pipelines will be in place for 50 to 100 years. That’s long past the time we need to move away from fossil fuels. Saddling customers with the high costs and increased pollution for decades is irresponsible. We can do better than that.
Our region is undergoing a major transformation of our energy supply. We can seize the opportunities this transformation presents by moving away from polluting fossil fuels and their long-term climate impacts. Going forward we need to rely much more on cleaner renewable energy.
The reset called for by Vermont Gas is a good opportunity to steer our energy future in a cleaner and lower cost direction.