How the gas industry capitalized on the Ukraine war to change Biden policy

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 98%

Business News News

Business Business Latest News,Business Business Headlines

Biden promised to tackle climate crisis but administration’s rhetoric ‘changed substantially’ after onset of Ukraine war and it adopted industry’s demands

he Russian tanks and armored vehicles had barely begun to roll into Ukraine before the fossil fuel industry in the US had swung into action. A letter was swiftly dispatched to the White House, urging an immediate escalation in gas production and exports to Europe ahead of an anticipated energy crunch.

“I can’t even begin to tell you how much the momentum has changed for companies in the United States that have wanted to bring their projects forward and just haven’t been able to get long-term contracts,” , had “changed substantially” within just a week, Hutchison noted. Biden’s creation of the gas export taskforce was a “direct response to the proposal put forward by LNG Allies”, the group boasted in March.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

there should be “virtual transatlantic gas pipelines” flowing from the US to Europe Parasitic opportunist to make extra $-bils when Germany has no LNG import facility

soon the US would be fracked out and the land would be a wasteland Just endless greed

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines