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20 December 2024
US LNG expansion faces hurdles despite federal approval
A federal study warns of significant greenhouse gas emissions and higher energy costs linked to LNG exports, but stops short of halting expansion plans.
Pam Radtke reports for Floodlight.
In short:
- The Department of Energy’s study shows that a single LNG export project can emit more greenhouse gases annually than 141 countries.
- The analysis highlights that increased LNG exports could raise U.S. household energy costs by $100 annually and industrial costs by $125 billion through 2050.
- Despite the findings, the report leaves final decisions on LNG projects to the incoming administration.
Key quote:
“LNG exports not only devastate our environment but also escalate our energy costs and compromise our futures.”
— Roishetta Ozane, founder and CEO of the Vessel Project of Louisiana
Why this matters:
Unchecked LNG export growth could worsen climate change, burden communities near facilities and drive up energy prices. The report offers data that may influence future policy decisions, affecting environmental health and economic stability.
Read more: Trump's energy agenda prioritizes deregulation and exports, but faces limits
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