President Joe Biden, responding to environmental group pressures over carbon emissions, has announced a temporary halt on exports of liquefied natural gas (LNG) to countries without free trade agreements, leading to the suspension of a major LNG export terminal in Louisiana. Critics argue the move could harm American jobs, raise costs, and benefit adversaries like Russia. Business groups from the US, Europe, and Japan, including the US Chamber of Commerce, BusinessEurope, and Japan’s Keidanren, have called for a reversal of the freeze. The decision represents a shift from former President Obama's energy policy and has stirred political and business risks ahead of the 2024 election, as reported by Amyjoi16, The Daily Signal, and the Washington Times.
Biden's delay on considering new natural gas export terminals is aligned with climate concerns https://t.co/rj9Vs9cqq9
Biden jolted the energy and climate worlds by pausing liquefied natural gas export approvals, and in doing so stirred up several political and business risks ahead of the 2024 election. https://t.co/WFzfyrU3SB
"Business groups from the US, Europe and Japan are calling on the Biden administration to reverse its freeze on approving new licenses for LNG export facilities" https://t.co/FkmK5TfLnW via @markets https://t.co/pje7wYN8HO
Biden Power Plant and EV Plans Hit a New Obstacle: Vulnerable Democrats Moves could appeal to cost-sensitive voters in tight contests Pause on LNG export permits could stoke fresh outcry https://t.co/6zeojAZMpE
Business groups worldwide urge Biden to reconsider LNG export license freeze https://t.co/7nwSFv78yQ https://t.co/n36yiBK50i
US, Europe and Japan business lobbies call on Biden to reverse freeze on new LNG approvals 🇺🇸🇪🇺🇯🇵 🗣️ “Additional supplies of LNG will be needed to supply world markets,” the US Chamber of Commerce, BusinessEurope & Japan’s Keidanren say in a joint letter https://t.co/munWsy2aEr
Business groups from the US, Europe and Japan are calling on the Biden administration to reverse its freeze on approving new licenses for LNG export facilities https://t.co/YqjT9EgtUt
Opinion | Biden pause on new LNG export facility bad for Americans and our allies @WashTimesOpEd https://t.co/lcEoyGRiCG https://t.co/apFUvhzzFU
Biden’s election-year freeze on new LNG exports cheers climate voters, rattles America’s allies https://t.co/soWQ9Bc7K4 https://t.co/0vo1Y7RJ8T
Biden continues to cripple our oil and gas industry, jeopardizing our national security. Every policy that weakens our energy sector strengthens adversaries like Russia and China. This recklessness must end. https://t.co/8WhZDL0CDl
Fact: Biden did in fact shut down LNG exports. And they’re obviously doing it to hurt Texas. https://t.co/9SxSXJ5EN3 https://t.co/fyvtoX83Zs
Biden bucks Obama’s legacy on climate and gas with LNG export pause “The Biden administration and Democrats are pushing back against a years-long trend in energy policy that was set in motion by their own former leader.” https://t.co/SiMw6P8rSa
LATEST BIDEN MOVE AGAINST AMERICAN ENERGY WOULD INCREASE INFLATION, BE ‘GIFT TO PUTIN,’ EXPERTS WARN (The Daily Signal) President Joe Biden announced a temporary pause on exports of liquefied natural gas to countries without free trade agreements Friday, a move that experts warn… https://t.co/XoQt9hQy1h
A huge liquified natural gas, or LNG, export terminal slated for construction in Louisiana is now on hold after President Joe Biden received pressure from environmental groups regarding its carbon emissions. | By @Amyjoi16 https://t.co/mHMnCI8xfv
Democrats are pushing back against a trend in energy policy set in motion by their former leader. But Biden, under heavy pressure from many in his own party, President Biden has bucked former President Obama’s legacy on climate by pausing LNG exports. https://t.co/NE9A8RFWG4
Biden's decision to halt new liquid natural gas terminals is a big mistake. This will harm American jobs, raise costs, and the supply will instead come from Russia. Bad for the economy and bad for national security.