Affordable

TransCanada Corp. will blaze a new trail toward economic development of northern natural gas in affordable stages by transferring the Nova pipeline grid in Alberta over to federal supervision, the National Energy Board (NEB) has been told.

Absent an existing and future supply of affordable low carbon-intensive energy, such as natural gas, carbon emission caps would significantly damage the domestic economy and manufacturing competitiveness, said top energy and environmental experts from 31 manufacturing companies in a report issued Monday.

Sponsors of the Weaver’s Cove LNG project say the tactic used last summer by Rep. Jim McGovern (D-MA) to block their project was creative but won’t prevent them from building the LNG import terminal on the Taunton River.

With a mission to fend off the development of liquefied natural gas (LNG) terminals in California, a coalition of environmental groups, “Ratepayers for Affordable Clean Energy (RACE),” challenged a nearly year-old natural gas procurement decision by state regulators in a California appeals court Wednesday. RACE is asking that the court overturn the California Public Utilities Commission’s (CPUC) decision last year authorizing the state’s major utilities to sign long-term LNG supply contracts.