By the time new fracked gas pipelines are built, most renewable energy will cost less than gas, causing many gas-fired plants to close. That's the conclusion of a new study, released this week by the Rocky Mountain Institute and reported in Forbes.
Even after these pipelines close, ratepayers like you and me will continue to pay for them, which, if you’re the Eversource Corporation - is the beauty of it. Massachusetts allows regulated pipeline companies and their investors to make the highest guaranteed profit margins in the country - up to 14% in some cases- which we pay for in our bills, until the pipelines are paid off, whether they are used or not!
Do we want more pipelines that we will never need, never use, and that we will be forced to pay for over the next 20 years? If you think that’s a good idea, please ignore this post. If not, please help us to defeat them, now and in the future.
The best way to do that is to urge your elected officials to stop new fracked gas pipelines! Just click here to send a letter.
Best wishes for a clean, healthy and safe environment,