"Biden's Bold Stance: The Impact of US Natural Gas Policies on Climate Change"

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Source: The Guardian
"Biden's Bold Stance: The Impact of US Natural Gas Policies on Climate Change"
Photo: The Guardian
TL;DR

Joe Biden's administration has halted the granting of new permits for building liquefied natural gas (LNG) export terminals, signaling a rare move against the oil industry. This decision has sparked backlash from the petroleum industry and its allies in Congress, who argue that natural gas has been instrumental in reducing emissions. However, critics point out that the leakage of methane, a potent greenhouse gas, from natural gas infrastructure negates any emissions reductions. The industry's arguments are increasingly challenged as renewable energy becomes more cost-effective, and public opinion turns against fracking and fossil fuel expansion.

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