The costs of LNG (w/ Kiki Wood and Clark Williams-Derry)
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The LNG Dilemma: Misconceptions and Market Realities
This chapter explores the misleading narratives surrounding LNG exports and their actual effects on U.S. gas prices, emphasizing that exports may lead to higher domestic costs instead of lowering them. Using Australia as a case study, it scrutinizes the complexities of LNG pricing and the broader economic impact on consumers, particularly in light of global crises. Furthermore, it addresses the long-term implications of the fossil fuel industry's cleanup costs, shifting focus from marketing claims to the harsh realities of energy consumption and market dynamics.
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