Biden at risk of breaking climate promise with $500 million of public finance for U.S. LNG in Poland
DFC is considering a $500 million guarantee to help Poland boost LNG imports, breaking Biden’s promise to end public finance for fossil fuels.
Stay updated with breaking news from United States Program. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
DFC is considering a $500 million guarantee to help Poland boost LNG imports, breaking Biden’s promise to end public finance for fossil fuels.
"Congress must reject this manufactured crisis, discard poison pills with no relation to the debt ceiling, and pass a clean increase."
Leaving the door open for new gas infrastructure directly contradicts the 2022 G7 pledge to end international public finance for fossil fuel.
Climate and environmental organizations gathered at the Japanese embassy to stop the finance Liquefied Natural Gas (LNG) expansion.
"If President Biden + G7 leaders fail to emerge with a strong climate outcome opposing LNG expansion, they will fail us all," said Rees.