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“WIt can now Evaluating the future of natural gas exports based on facts. “Jennifer Granuhm, the outgoing Energy Minister in America, announced in a statement published on December 17. He accompanied a research report from the Ministry of Energy (DS.E) On the effects of increasing exports of American LNG (LNG). Despite its reassuring dialect, this was a sharp effort to put an obstacle on the road to the Trump administration received.
Reinforcement LNG Exports should be a point in the political agreement between Trump and Piden. The first had defended such exports during his first term as “freedom gas”, which could help liberate Europe from the tyranny of Russian gas. When Vladimir Putin cut supplies as a punishment for Europe’s support for Ukraine, Mr. Biden’s American supported strongly LNG Exports, which have risen to a standard level (will rise). Projects already approved to push US exports have been appointed to a 50 % level higher than Qatar, which is a superior gas power, by 2030.
The problem started when Mr. Biden bowed to pressure the election year from the sub -group of hostile environmental scientists LNG. On January 26, a controversial “temporary stop” revealed Waiting LNGExport projectS so that DS.EBoffins can examine environmental, security and economic impact. Although it is not a ban on export, it shades its shadow on long -term projects proposed that will benefit countries that lack free trade agreements with America (including important missions in Asia and Europe). The move shook the financier of the industry and disturbed these American allies who import LNG.
the DS.E A study, which was released this week, examines the various scenarios for export growth and its potential effects. Although Boffins is silent, Mrs. Granholm draws a blatant picture of her message (which was pre -leaked to New York Times). It indicates that the expansion of “unrestricted” in exports, suggests, raising the prices of consumers, and supports China hostile and contributing to the global warming phenomenon. All three claims are worth examination.
The government’s analysis indicates that the “unrestricted” mutation will enhance the prices of wholesale local gas by more than 30 % and increase the costs of the American medium family by more than $ 100 annually by 2050. This claim is political combustion, but it is open to challenge. Before S&P Global, a research company, has been published this week. Given the reasonable export levels until 2040, it does not find any significant increase in prices. Note that LNG Exports and total gas production increased since 2010, but the real gas prices in America have decreased by two thirds. It will likely add abundant rock resources, constant innovation to supply and maintain prices under examination.
As for the increasing American claim LNG It would help China, it is a politically smart, plays as it does on the anti -Eagle feelings in Washington, CapitalBut stupidly stupid. Daniel Yerringin, a Politzer historian for oil markets and vice -chairman S&P Global notes that the world -class molecules of frozen gas are authoritable, and goods are regularly directed to the highest bid. This became evident during the energy shock in Europe when the goods designated for Asia were reselling for European bidders who are desperate to replace the missing Russian gas. America does not gain any additional security by inhibiting exports to China because it will simply get LNG Among the enthusiastic suppliers in Qatar, Australia or anywhere else.
The third argument is more reasonable. If the gas that was exported is produced in reckless ways, as happened previously in the rock correction in America, a lot of methane that calms the climate is released through unnecessary venting, as well as through the leaked tubes and Shoddy. LNG several.
The Biden Administration provided fees for methane emissions from the hydrocarbon industry, as well as strong rules that restrict these emissions. There is a little opportunity to survive these graphics in the Republican -dominated Congress. If Mr. Trump comes out of the difficult methane also, you will receive LNG Exports can already become a great concern for the climate.
But this may not happen. Paul BledSoe from the American University refers to the new methane standards imposed by the European Union, which provides an incentive for American exporters looking for this huge market to reduce gas emissions. Giants such as Exagonobil and Chevron have already made investments to do so and supported such an organization to avoid their exposure to smaller competitors and dirt. Also, if LNG Made of low methane emissions, it is a much cleaner alternative to burning coal in the developing world.
Therefore, the maneuver will prevent gas at the last minute, Mr. Trump from his promise to raise LNG Stop? It is not an opportunity, especially given that Chris Wright is a specific alternative to Mrs. Granuhm at the top of DS.EHe himself is the coach of oil rock. However, it is believed that Kevin Book of Clearview, a energy research company, is likely to delay the new management decision. Perhaps the study provided enough fodder for LNG Opponents to slow things up for a period of time by filing lawsuits. ■
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