Please sign this petition for an independent investigation of FERC by the Government Accountability Office (GAO). Or call or write your own members of Congress and ask them to investigate FERC and rein in its rubberstamping of new fossil fuel projects.
FERC has actually denied two pipelines out of a huge number of applications. Both were part of LNG import projects. One of them was about hardship to mineral interest donors, and a fair FERC would conclude hardship to everyone who depends on the Floridan Aquifer for their sole source of drinking water would be more than sufficient reason to deny Sabal Trail. The other`was a Spectra pipeline, so even mighty Spectra can lose at FERC.
But it’s hard for any new fossil fuel project to lose at FERC because FERC brags about “Full Cost Recovery” meaning 100% of FERC’s annual Congressional allocation is paid back out of fees and charges from the very industries FERC supposedly “regulates”. This is what Investopedia defines as regulatory capture: Continue reading Petition for GAO to rein in FERC