President Joe Biden paused pending approvals of exports from new liquefied natural gas projects on Friday, a move cheered by climate activists that could delay decisions on new plants until after the Nov. 5 election.
Biden said in a statement: "During this period, we will take a hard look at the impacts of LNG exports on energy costs, America's energy security, and our environment."
"We are committed to strengthening energy security here in the U.S. and with our allies," Granholm said.
The last review of LNG export projects was in 2018 when export capacity was 4 billion cubic feet per day (bcfd).
But the commission's panel of three regulators, which almost always approves LNG projects, could approve it as soon as February, which would then put its approval in the hands of the DOE.
Persons:
Joe Biden, Jennifer Granholm, Biden, Granholm, Ben Jealous, Sempra, CP2
Organizations:
US Department of Energy, Department of Energy, DOE, Energy, Companies, U.S, Sierra, Sempra Infrastructure, Commonwealth LNG, Venture, Federal Energy Regulatory Commission, Venture Global
Locations:
Washington ,, Europe, Asia, U.S, wean, Russia, Ukraine, Louisiana, Alaska, Calcasieu, United States, Germany