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
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals