"Biden Administration Delays Approval of New LNG Export Terminals Over Climate Concerns"

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Source: The Associated Press
"Biden Administration Delays Approval of New LNG Export Terminals Over Climate Concerns"
Photo: The Associated Press
TL;DR Summary

The Biden administration is delaying consideration of new natural gas export terminals in the United States, aligning with environmentalists' concerns about increased emissions. The pause, which industry groups condemn as a "win for Russia," is seen as a move to counter Biden's approval of the Willow oil project in Alaska. Energy Secretary Jennifer Granholm emphasized that the pause will not immediately affect U.S. supplies to Europe or Asia, and a study of proposed LNG projects' impact on the environment, economy, and national security will take "some months." The decision is praised by environmental activists as a "game-changer" in the fight against climate change, while industry groups argue that it undermines global energy security and could lead to increased greenhouse gas emissions.

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