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Dominion Energy: Environmental Justice Risks in 2022

Published in 2022-06

Responsible Alpha

As of 2022, Dominion Energy was the lead investor in the Atlantic Coast Pipeline joint venture was a 604-mile-long natural gas pipeline with a capacity of 1.5 billion cubic feet of gas daily to alleviate a bottleneck to gas produced from the Marcellus Shale in Appalachia reaching growing markets in Virginia and North Carolina. Environmental risks, community risks, and climate risks killed the $8 billion Atlantic Coast Pipeline, forcing multibillion-dollar writeoffs at Dominion and Duke.