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Climate activist groups protest in front of the U.S. Supreme Court as the court heard cases on Dominion Energy's proposed $7.5 billion Atlantic Coast Pipeline crossing the Appalachian Trail. Photo: Mark Wilson/Getty Images

Duke Energy and Dominion Energy threw in the towel Sunday on the Atlantic Coast Pipeline, a proposed 600-mile natural gas line from West Virginia to North Carolina.

Why it matters: It ends one of the highest profile battles over fossil fuel infrastructure in recent years, and its demise is a win for the environmental groups that spent years fighting it.

  • It also underscores hurdles facing big pipelines and other projects, despite White House efforts to speed up approvals and scale back environmental reviews.

Catch up fast: Despite a favorable Supreme Court ruling last month, the project faced ongoing legal and permitting battles.

  • The price tag had reached $8 billion — far above initial estimates — and the project had become "too uncertain to justify investing more shareholder capital," the companies said.
  • The cancelation came the same day that Dominion announced sale of its gas transmission and storage assets to Warren Buffett's Berkshire Hathaway in a $10 billion deal.

Between the lines: Here are a few takeaways from the project's demise...

  • Paperwork matters: Reuters' David Gaffen yesterday re-upped his outlet's October 2019 story, which found that administration efforts to speed up permitting for pipelines had "backfired," because they created new legal vulnerabilities for projects already facing activist litigation.
  • States matter: A note from the research firm ClearView Energy Partners says that some states including Virginia — which is on the pipeline route — push policies that favor renewables. They called the cancellation a sign of "subnational greening" that makes it harder to build projects already facing opposition from environmentalists.
  • The 2020 election matters: This project may be dead, but the outcome of November's election will affect the trajectory of others. The Trump administration backed the project in the courts and politically, while Joe Biden would be less favorable to fossil fuel projects (the campaign did not provide comment on this decision).

Go deeper

Ben Geman, author of Generate
Sep 25, 2020 - Politics & Policy

Why ending the filibuster might not guarantee big climate legislation after a blue wave

Illustration: Sarah Grillo/Axios

If Democrats win the Senate and White House, ending the filibuster would lower the huge hurdles before climate legislation. But there could be other knock-on effects.

The intrigue: Big climate legislation would hardly be a guarantee, given resistance among Democrats from fossil fuel-producing states, according to a wide-ranging election look-ahead note from ClearView Energy Partners.

USAID chief tests positive for coronavirus

An Air Force cargo jet delivers USAID supplies to Russia earlier this year. Photo: Mikhail Metzel/TASS via Getty Images

The acting administrator of the United States Agency for International Development informed senior staff Wednesday he has tested positive for coronavirus, two sources familiar with the call tell Axios.

Why it matters: John Barsa, who staffers say rarely wears a mask in their office, is the latest in a series of senior administration officials to contract the virus. His positive diagnosis comes amid broader turmoil at the agency following the election.

Bryan Walsh, author of Future
3 hours ago - Health

COVID-19 shows a bright future for vaccines

Illustration: Annelise Capossela/Axios

Promising results from COVID-19 vaccine trials offer hope not just that the pandemic could be ended sooner than expected, but that medicine itself may have a powerful new weapon.

Why it matters: Vaccines are, in the words of one expert, "the single most life-saving innovation ever," but progress had slowed in recent years. New gene-based technology that sped the arrival of the COVID vaccine will boost the overall field, and could even extend to mass killers like cancer.