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America’s Gas Bonanza Brings Biden New Political Dilemmas...The president is facing pressure from some Democrats and climate groups to rein in exports of liquefied natural gas, or LNG
Wall Street Journal ^ | Jan. 12, 2024 5:30 am ET | By Benoît Morenne

Posted on 01/12/2024 7:51:00 AM PST by Red Badger

The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status comes with its own set of headaches.

In the past two years, hundreds of cargoes loaded with supercooled gas departed the U.S. Gulf Coast as foreign buyers turned to America for energy supplies. Developers of export terminals have seized the momentum to advance plans to build new plants and crank out even more LNG.

Now, climate activists and Democratic lawmakers are exhorting the Biden administration to halt this expansion. They argue that the federal government, which has to approve LNG projects, is failing to account for the harmful effects of gas exports on the climate, the U.S. economy and local communities.

In December, Greenpeace projected images of flares burning excess gas and other images onto government buildings around Washington, D.C.

“President Biden, STOP THE GAS BOOM,” read one projection.

And on Tuesday, national environmental leaders called for a three day sit-in at the Energy Department in February to pressure the Biden administration to pause the approval of new LNG facilities.

The mounting opposition comes as Biden heads into a contentious presidential election, in which fossil-fuel supplies will be a key issue. The candidate has to corral young, climate-concerned voters, some of whom view his track record on the environment as mixed after his administration approved several fossil-fuel projects. He must also reassure foreign allies that the U.S. will remain a reliable provider of the fossil fuels on which they depend.

A White House spokesman said that “President Biden has led and delivered on the most ambitious climate agenda in history.” He pointed to Biden’s signature climate bill and a recent Environmental Protection Agency rule to reduce methane emissions from oil and gas operations, among other measures.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Government; Military/Veterans; Society
KEYWORDS: alabama; boom; butane; environmental; exports; florida; greenpeace; gulfcoast; louisiana; methane; mississippi; naturalgas; propane; protectionagency; texas
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To: Red Badger

They can’t shut down the exports, just the pipelines and terminals.


21 posted on 01/12/2024 10:18:00 AM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: Owen
The biggest thing about those relying on natural gas ships is that in a war, those things are gone immediately.

Especially with the new world of marine drones.

Can you imagine Europe with much of its energy gone in a heartbeat?

22 posted on 01/12/2024 12:22:56 PM PST by kiryandil (Rocco is roccking again!!)
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To: Red Badger

“THESE PEOPLE ARE TOTAL IDIOTS!!!!!.”

As long as we keep thinking that, they keep winning.


23 posted on 01/12/2024 3:10:18 PM PST by BobL (Trump gets my vote, even if I have to write him in; Millions of others will do the same)
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To: Red Badger

It is coming


24 posted on 01/12/2024 3:16:40 PM PST by Irish Eyes
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