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Stock impact report

Ohio city plans lawsuit to stop gas pipeline construction [FOX Business Network]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
CLEVELAND –   A mayor has upped the ante in the fight over a proposed high-pressure natural gas pipeline by hiring attorneys to file a lawsuit aimed at stopping the pipeline from being built or stopping the project altogether. Continue Reading Below The Green City Council authorized spending $100,000 at a special meeting Tuesday to hire a Cleveland firm specializing in environmental law. This comes weeks after the council agreed to give $10,000 to a group preparing its own lawsuit over the Nexus pipeline. Mayor Gerard Neugebauer told The Associated Press that he will exhaust all options to stop Nexus Gas Transmission from burying 8 miles of pipeline in the middle-class community of Green. He said the pipeline could cost the city millions of dollars annually in tax revenues from lost economic development opportunities, lead to the abandonment of city parks and harm environmentally fragile wetlands. "I want justice to prevail," Neugebauer said. "I Show less Read more
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