As the Russian invasion of Ukraine feeds plans to expand American gas exports, anxiety is rising among environmentalists about the long-term impact.
. Most of the new supply the industry envisions is several years away from shipping, and the decades-long contracts gas companies need to fund their expansion plans would have to extend far beyond when the European Union anticipates needing the gas. Most of the LNG created by the industry’s vision ultimately will likely go to China.
Only a decade ago, U.S. exports of LNG weren’t even a thing. The process was too inefficient a use of the country’s gas supply. The only terminals built in the United States were for importing the gas, including Cheniere’s flagship Sabine Pass operation. Yet following the Ukraine invasion, the Biden administration has doubled down on U.S. natural-gas exports as a linchpin for both its geopolitical and climate agenda. The policy looks beyond Europe to China and India, where the timeline for moving off fossil fuels is much longer.
Making it all work, said Bordoff, could force governments to heavily subsidize such infrastructure, knowing it could be abandoned in Europe’s rush toward renewables, leaving stranded pipelines and other construction. He is working with the Environmental Integrity Project on a bid to block a state air permit that gas giant Sempra needs to move forward with plans to add a liquefaction plant and terminal in the city that would rival in size the Cheniere operation, which is just down the road.
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