Texas LNG projects face opposition and regulatory crackdown.

TL;DR Summary
The Biden administration has approved two new liquefied natural gas terminals for the Texas coast, which has angered environmentalists and local residents. The administration has billed the expansion of natural gas exports as a means to help allies decarbonize and maintain U.S. influence in global energy markets. However, local communities say that they’re being sacrificed for geopolitics, and environmental organizations argue that the Biden administration is neglecting the need for rapid climate action. The decision over whether to permit the Texas LNG and Rio Grande LNG export terminals divided the Federal Energy Regulatory Commission (FERC).
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- Glenfarne set to decide to build Texas LNG export plant in 2023 Reuters
- Department of Energy to crack down on extensions for LNG projects (NYSE:ET) Seeking Alpha
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