"Biden's LNG Policy Sparks Controversy and Environmental Victory"

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Source: KXAN.com
"Biden's LNG Policy Sparks Controversy and Environmental Victory"
Photo: KXAN.com
TL;DR Summary

The Biden administration has temporarily paused decisions on new liquefied natural gas (LNG) exports in the U.S., prompting concerns from Texas Governor Greg Abbott and the energy industry. The pause aims to update criteria for authorizations and integrate environmental considerations, with the potential to impact 12 projects, including major expansions in Texas. While the pause won't affect already authorized projects or U.S. supplies to Europe and Asia, it could last for "some months" and delay decisions on pending projects until after the 2024 presidential election.

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