Reported 12 months ago
A federal judge in Louisiana has halted President Biden's temporary moratorium on new licenses for US liquefied natural gas exports following a lawsuit by 16 states. The judge's decision, described as a 'big win' by the Attorney General of West Virginia, is seen as a victory for the energy industry and job creation. While climate activists argue that LNG exports contribute to global warming, US gas producers warn that the licensing hiatus could harm American allies and billions of dollars in export projects. Despite the court order lifting the pause, practical impacts may be minimal as the Department of Energy continues to evaluate export proposals for public interest.
Source: YAHOO