Former Trump, Bush officials urge Congress to reverse Biden's LNG pause
Source: Reuters
February 12, 2024 5:08 AM EST
WASHINGTON, Feb 12 (Reuters) - Dozens of former officials from the past two Republican U.S. administrations on Monday urged Congress to reverse the Biden administration's pause on approvals of liquefied natural gas (LNG) exports, saying the shipments promote global stability.
President Joe Biden, a Democrat, paused approvals of exports of pending and future LNG projects to big markets in Asia and Europe late last month in order to review the environmental and economic impacts of the booming business. Biden acted after pressure from environmentalists concerned about greenhouse gas emissions during the lifecycle of the LNG industry and pollution from LNG plants near vulnerable communities.
The 35 officials, including Rick Perry and Dan Brouillette, energy secretaries under former President Donald Trump, wrote to lawmakers heading energy and foreign affairs committees in the House of Representatives and the Senate. "It is imperative that we reverse this action and continue to advance our economic, energy, and geopolitical interests while leading on environmental progress," the former officials said in the letter.
U.S. LNG exports to Europe rose after Russia invaded Ukraine in 2022. U.S, and they are expected to double by the end of the decade on exports already approved. The U.S. House is set to vote on a bill as early as Wednesday that would strip the power of the Department of Energy to approve the exports and give it to the independent Federal Energy Regulatory Commission. The legislation would likely struggle in the Senate, controlled by Democrats, and some lawmakers have been wary of it.
Read more: https://www.reuters.com/world/us/former-trump-bush-officials-urge-congress-reverse-bidens-lng-pause-2024-02-12/
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No shame on their side whatsoever, shills for corporations, I wonder if they have stock?
