Liquified Natural Gas: What to know about LNG and Biden's decision
The Biden administration said Friday it is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine
By MATTHEW DALY
Published - Jan 26, 2024, 04:09 PM ET
Last Updated - Jan 26, 2024, 04:09 PM EST
WASHINGTON (AP) — The Biden administration said Friday it is delaying consideration of new natural gas export terminals i n the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine.
The decision by President Joe Biden, announced as the 2024 presidential election year kicks off, aligns the Democratic president with environmentalists who fear the huge increase in exports of liquefied natural gas, or LNG, is locking in potentially catastrophic planet-warming emissions when Biden has pledged to cut climate pollution in half by 2030.
