Biden slams the brakes on US gas boom after climate activist pressure
Joe Biden has halted new natural gas export licences after bowing to pressure from net zero activists, in a move that risks squeezing supplies to Britain.
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Joe Biden has halted new natural gas export licences after bowing to pressure from net zero activists, in a move that risks squeezing supplies to Britain.
Biden has come under severe progressive pressure after the gas buildout, which heightened after the Willow oil project in Alaska
(Bloomberg) -- Environmentalist Bill McKibben, who galvanized public efforts to block the Keystone XL oil pipeline, is now pushing to do the same thing to stop construction of huge liquefied natural gas export terminals along the US Gulf Coast.Most Read from BloombergTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapIsrael Latest: Gaza Officials Say Hospital Strike Kills HundredsPutin Arrives in China to Meet Xi on Rare International TripWill Xi Jinping’s Gamble on Vladimir Putin Pa
“Just the one they built already is too much and too close."
Brownsville is the last major deepwater port in Texas that doesn’t have large fossil fuel projects. The 750-acre facility will export Texas natural gas to other countries.