Biden reportedly jams brakes on massive energy projects over climate impacts – By Thomas Catenacci (Fox News) / Jan 24, 2024
Such an action would shock the global energy market,’ major energy developer tells Fox News Digital
The White House has intervened in the permitting process for 17 large natural gas projects, ordering additional climate impact analyses after activists called on the administration to nix the projects, the New York Times reported.
In a move environmentalists have demanded in recent months, the White House is ordering the Department of Energy (DOE) to consider the impact proposed liquefied natural gas (LNG) export terminal projects would have on climate change, three individuals with knowledge of internal deliberations told the New York Times. DOE has never before rejected a gas export application on climate grounds.
“It appears that individuals within the White House are trying to force policymaking through leaks to the media. This continues to create uncertainty about whether our allies can rely on US LNG for their energy security,” Shaylyn Hynes, a spokesperson for energy developer Venture Global, said in a statement. “If this leaked report from anonymous White House sources is true, it appears the Administration may be putting a moratorium on the entire U.S. LNG industry.”