Leading credit rating firm voices concerns about the MVP

Fitch Ratings, one of the leading firms that provides credit ratings, commentary and economic research, has voiced doubts about the viability of the Mountain Valley Pipeline.  In a January 28 issue of its Fitch Wire, the firm stated:

President Joe Biden’s executive order that revoked Keystone XL’s Presidential Permit may be an indicator of his administration’s aversion to long-distance projects in US midstream energy,

Tech Firms Call on Dominion for More Renewables, Less Gas

Ten major data industry companies, including Microsoft, Apple, and Adobe, have written Dominion Energy imploring the company to base its future electricity generation on renewables and to diminish its planned reliance on natural gas.  The companies’ May 8 letter stated:

Given the significance of our growing and energy-intensive industry in relation to total energy demand in Virginia,