"Biden's Natural Gas Moratorium Sparks Bipartisan Pushback and Industry Concerns"

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Source: Reuters.com
"Biden's Natural Gas Moratorium Sparks Bipartisan Pushback and Industry Concerns"
Photo: Reuters.com
TL;DR Summary

US lawmakers, including both Republican and Democratic members, are holding hearings to discuss President Biden's decision to pause approvals for new exports of liquefied natural gas (LNG) projects. The move, aimed at assessing the environmental and economic impacts of increased shipments, has drawn criticism from some lawmakers and industry representatives, while receiving support from environmentalists and youth groups concerned about climate change. The debate also involves considerations of energy security for US partners and allies, with differing perspectives on the potential impact of the pause on global gas supply.

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