WASHINGTON, March 10 (Reuters) – White House efforts to boost U.S. liquefied natural gas exports and cut Europe’s reliance on Russian gas after the invasion of Ukraine are proceeding slowly, because of concerns about the impact on climate change, government and industry sources said.
Biden administration is buckling under intense pressure from progressive environmental groups (e.g. Sierra Club) closely allied w/the Democratic party to use executive action and cancel dozens of LNG export projects along Gulf Coast. https://t.co/4V8qj5MQTB
— Ryan Maue (@RyanMaue) March 12, 2022
Europe is desperately scouring the globe for sources of gas to replace cheap piped Russian gas. However, the Biden admin shelved any plans for "war footing" LNG expansion instead maintaining focus on fighting climate change through renewables. https://t.co/bCP64AMfj7
— Ryan Maue (@RyanMaue) March 12, 2022
Europe long ago rationalized cheap Russian gas to meet their climate goals. The geopolitical risks were well known. Once the smoke clears in Ukraine, NS2 will get the green light, and Europe will double down on fighting climate change.
— Ryan Maue (@RyanMaue) March 12, 2022