
The Green Blueprint
LNG exports: America’s hidden ‘climate bomb’
Podcast summary created with Snipd AI
Quick takeaways
- The historic push for new LNG terminals in the US has resulted in a vast new source of heat-trapping gases that could undermine US climate gains.
- The approval process for new LNG infrastructure involves the Federal Energy Regulatory Commission (FERC) and the Department of Energy (DOE), with concerns raised about the DOE's evaluation of the full impact on climate change and other environmental considerations.
Deep dives
The Rise of US LNG Exports
In less than a decade, the US has become the world's biggest exporter of liquefied natural gas (LNG) thanks to the fracking boom. American companies stepped in to meet the demand for gas in Europe after Russia's war on Ukraine. The consequence of this historic push for new LNG terminals is a vast new source of heat-trapping gases that could undermine US climate gains. The approval process for new LNG infrastructure involves the Federal Energy Regulatory Commission (FERC) and the Department of Energy (DOE). And while FERC has been criticized for being a rubber stamp for these projects, the focus has turned to the DOE's evaluation of the public interest. However, there is concern that the DOE's assessments do not factor in the full impact on climate change and other environmental considerations.