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Utility industry news and analysis for energy professionals.
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Utility industry news and analysis for energy professionals.
Utility industry news and analysis for energy professionals.
Environmentalism has become a baffling paradox. The latest indication came when environmental activists convinced the Biden administration to halt exports of liquified natural gas (LNG) so the U.S. could meet climate goals. Left-leaning outlets labeled it a “win for political symbolism, not the climate”, while right-leaning experts called it “impulsive and destructive.” Both are correct. And both caught the scent of a much bigger problem.
A quick fact check calls the climate merits of curtailing LNG exports into question. Most LNG exports go to Europe, where they have a 41% lifecycle emissions advantage over Russian gas imports. The majority of remaining exports go to Asia, where it heavily displaces coal. Exporting LNG is often a climate winner, not to mention the economic and security benefits for ourselves and our allies.
Addressing climate change is largely seen as a liberal agenda. However, there are a number of thoughtful conservatives doing so as well. They should be listened to.