Reported 11 months ago
The Federal Energy Regulatory Commission approved the construction of what could be the nation's largest liquefied natural gas export terminal in Louisiana, known as the Calcasieu Pass 2 project by Venture Global. However, the project's completion timeline remains uncertain due to a previous delay by the Biden administration on such projects. The approval is seen as adding pressure on President Biden to intervene, with environmentalists urging for a permanent pause on LNG export permitting, highlighting concerns over increased emissions and climate impact. Despite support from industry representatives, including Venture Global, there are growing calls for stricter regulations and limitations on fossil fuel projects for a sustainable future.
Source: YAHOO