The Biden administration will pause new gas export projects

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A ship seen next to a gas export terminal on the shoreline.
In this marshy coastal region between Texas and Louisiana, the proliferation of liquefied natural gas (LNG) export terminal projects, massive facilities that receive and liquefy gas from pipelines, then transfer the LNG to ships for export, unsettles residents, who consider the plants to be a threat to their coast. | Photo by FRANCOIS PICARD/AFP via Getty Images

The Biden administration announced a pause on new gas export projects today, saying it needs to better assess each project’s economic and environmental impact. The decision won’t affect ongoing exports, just pending decisions on liquified natural gas (LNG) exports to countries with which the US has no free trade agreement.

“During this period, we will take a hard look at the impacts of LNG exports on energy costs, America’s energy security, and our environment,” Biden said in a statement today. “This pause on new LNG approvals sees the climate crisis for what it is: the existential threat of our time.”

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source https://www.theverge.com/2024/1/26/24051575/biden-gas-export-projects-pause

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