Biden no barrier to LNG growth
The president-elect has an ambitious low-carbon manifesto but is unlikely to slow the pace of near-term projects
US president-elect Joe Biden’s incoming administration will not look to unwind the near-term growth of the US LNG sector despite ambitious net-zero pledges, a panel at Petroleum Economist’s LNG to Power North America forum concluded on Tuesday. “We have over 26bn m3 in projects in development which have already been approved. This would be challenging in terms of stopping,” says Erin Blanton, senior research scholar at the Center on Global Energy Policy at Columbia University SIPA. “We expect they will look at rolling back methane regulations and banning fracking leasing on federal lands, but nothing that would significantly shift the export outlook.” Instead, addressing associated emissio
Also in this section
17 September 2024
North Sea storage facility verified as safe to proceed after successful pilot phase
9 September 2024
Addition of CCS was a factor in court’s decision to overturn FERC’s authorisation for NextDecade’s Rio Grande LNG project
2 September 2024
Recently finalised investment tax credits have brought much-needed clarity for Canadian CCS developers, but carbon price uncertainty remains a concern
29 August 2024
Use of captured carbon to make synthetic fuels merits more attention from investors and policymakers