"Biden Administration Halts Approvals for LNG Export Terminals"

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Source: The New York Times
"Biden Administration Halts Approvals for LNG Export Terminals"
Photo: The New York Times
TL;DR Summary

President Biden has halted the approval process for new liquefied natural gas export facilities to assess their impact on climate change, the economy, and national security. This decision could jeopardize a proposed $10 billion export terminal in Louisiana and is seen as a victory for climate activists urging the administration to reduce reliance on fossil fuels. The move reflects growing concerns about methane emissions and the energy-intensive process of liquefying and transporting gas.

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