US Energy Secretary Jennifer Granholm has released a report on the implications of increased American liquefied natural gas (LNG) exports, but her efforts aim to thwart the incoming Trump administration. The policy was pushed despite concerns and is now under review by the courts.
The Department of Energy’s report highlights the potential impact of increased LNG exports. Granholm stated that “WE CAN NOW assess the future of natural gas exports based on the facts.” However, this statement may be seen as a defensive move to limit the outgoing administration’s influence.
The policy has been widely criticized and is now facing an uncertain future. It is unclear how the courts will rule on the matter, but one thing is certain – the fate of US LNG exports will be decided in the coming days.
As the situation unfolds, it remains to be seen whether the Biden administration’s efforts will ultimately prevail or if they will be reversed by the Trump administration.
Source: https://www.economist.com/united-states/2024/12/19/the-biden-administration-pursued-a-mistaken-policy-on-lng-exports