Laurence Hammack of The Roanoke Times reports that the Mountain Valley Pipeline has purchased $150 million in carbon offsets.
- Mountain Valley’s $150 purchase of carbon offsets will cover the first 10 years of the pipeline’s operations and will make up for 90% of the pipeline’s emissions.
- The carbon offsets will be generated by a coal company in Virginia, which will convert emitted methane into carbon dioxide and water and release it into the atmosphere.
- Mountain Valley’s voluntary carbon offset effort shows that the private sector is ready to address climate change without harmful government mandates.
Read the full article here.