Biden no barrier to LNG growth
The president-elect has an ambitious low-carbon manifesto but is unlikely to slow the pace of near-term projects
US president-elect Joe Biden’s incoming administration will not look to unwind the near-term growth of the US LNG sector despite ambitious net-zero pledges, a panel at Petroleum Economist’s LNG to Power North America forum concluded on Tuesday. “We have over 26bn m3 in projects in development which have already been approved. This would be challenging in terms of stopping,” says Erin Blanton, senior research scholar at the Center on Global Energy Policy at Columbia University SIPA. “We expect they will look at rolling back methane regulations and banning fracking leasing on federal lands, but nothing that would significantly shift the export outlook.” Instead, addressing associated emissio
Also in this section
12 November 2024
Standards have been agreed for a mechanism under Article 6.4 of the Paris Agreement to trade carbon credits internationally
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
31 October 2024
Russia still aspires to become a major supplier of hydrogen, CO₂ storage capacity and carbon credits, despite financial constraints and the loss of Western technology and expertise
30 October 2024
Occidental subsidiary signs agreement with Enterprise Products Partners for pipelines and transport services for Bluebonnet hub