NY Gov. Urges FERC To Halt $971M Pipeline Project

By Keith Goldberg (February 29, 2016, 3:01 PM EST) -- New York Democratic Gov. Andrew Cuomo on Monday urged the Federal Energy Regulatory Commission to block construction of a $971 million gas pipeline project running through New York to New England, saying that his state needs to evaluate the project's safety risks, especially around the Indian Point nuclear plant.

FERC last month refused to rescind its April approval of a Spectra Energy Corp. subsidiary's Algonquin Incremental Market Project and rejected a bid by environmental groups and others to block project work until administrative and judicial challenges to FERC's approval are completed.

The commission also stuck by its initial determination that the...

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