USBancorp, parent of U.S. Bank, announced at their 2017 Annual Meeting of Shareholders their new “2017 Environmental Responsibility Policy.” The policy expressly prohibits the bank from financing oil and natural gas pipeline projects. It further subjects new and existing business banking customers who provide construction, equipment, supplies or services to energy infrastructure to discriminatory heightened scrutiny of their policies and practices. This misguided action affects millions of American workers who work hard every day to provide construction, equipment, supplies, logistics, professional services and technology to improve and expand our nation’s energy infrastructure.
ACP will be a $5 billion, 600-mile natural gas pipeline originating in northern West Virginia and travelling through Virginia and North Carolina. Its construction during 2017 through 2019 will create many thousands of jobs and require massive amounts of construction, equipment, materials and services from contractors and suppliers throughout the region. The Department is holding public hearings in early August and accepting written comments through August 22.
The Atlantic Sunrise Pipeline, bringing natural gas from northeast Pennsylvania to interconnect with a mainline interstate network in southeastern Pennsylvania, has been fully approved at the federal level. However, construction cannot begin until the Pennsylvania Department of Environmental Protection (PA DEP) issues permits for waterway/wetlands crossings along its path.
Please urge the Senate to call for a vote on the FERC nominees. Complete this Take Action page and a letter be sent to your two Senators urging them to act to confirm the FERC nominees.