Tuesday, July 16, 2024 | Baltimore, MD

Gas infrastructure investments: too costly for consumers and environment

September 28, 2021

While climate-induced natural disasters strike worldwide, Maryland utilities are investing more than a billion dollars in new fossil-fuel infrastructure. These investments — extending gas service areas and replacing pipes — are part of a last-ditch effort to benefit shareholders and make it more expensive to stop burning fossil fuels. To put the scale of current spending in perspective, what is planned now and through 2023 will roughly double the natural gas infrastructure Maryland gas customers are paying for compared to 2018. The Maryland General Assembly has encouraged this spending, and the Public Service Commission (PSC) has approved it.

Article Source: Baltimore Sun

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