This story was originally published by The Guardian and is reproduced here as part of the Climate Desk collaboration.
The Biden administration has released a long-awaited analysis on the economic and environmental effects of liquefied natural gas, or LNG, exports, concluding any further expansion would drive up costs for domestic consumers and hamper efforts to curtail the climate crisis.
In January, Joe Biden paused the Department of Energy’s approvals of fossil gas exports to big consumers in Asia and Europe in order to conduct the review, in a move welcomed by climate scientists, environmental justice advocates, and public health experts but decried by the oil and gas industry.
The analysis published showed rising LNG exports risk dramatically raising greenhouse gas emissions and could also trigger price hikes for U.S. energy consumers, said Energy Secretary Jennifer Granholm, in a letter summarizing the research’s findings.
Granholm told reporters ... Read more
