Kinder Morgan suspends work on $1B Palmetto Pipeline project

Kinder Morgan is suspending work on the $1 billion Palmetto Pipeline project after Georgia lawmakers approved a one-year moratorium on permits for petroleum pipelines in the state, according to the Associated Press.

The Palmetto Pipeline project would have carried gasoline, diesel, and ethanol across 360 miles from South Carolina through Georgia and into Florida. Opposing the project were environmental groups and landowners, whose properties the company hoped to build upon by using eminent domain laws. In addition, the project had incurred setbacks from the Georgia Department of Transportation and a Fulton County judge.

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