Biden administration warns natural gas expansion would drive up domestic costs
Dec 17, 2024
New study shows LNG exports risk raising greenhouse gas emissions, hampering efforts to curtail the climate crisisThe Biden administration released long-awaited analysis on the economic and environmental impacts of liquefied natural gas (LNG) exports on Tuesday, concluding any further expansion would drive up costs for domestic consumers and hamper efforts to curtail the climate crisis.In January Joe Biden paused the Department of Energy’s approvals of fossil gas exports to big consumers in Asia and Europe in order to conduct the review, in a move welcomed by climate scientists, environmental justice advocates and public health experts but decried by the oil and gas industry. Continue reading...