Biden Set To Withhold Approval Of LNG Terminals In Gulf Of Mexico
Main Ideas:
- The Biden Administration is expected to withhold approval for the construction of 17 new liquefied natural gas (LNG) export terminals in the Gulf of Mexico.
- The move is seen as a setback for the plans to expand the LNG industry and reduce reliance on foreign energy sources.
- The Biden Administration aims to tackle climate change and transition to clean energy, which is why the approval for these terminals may be withheld.
Author’s take:
The Biden Administration’s decision to withhold approval for the new LNG export terminals in the Gulf of Mexico reflects its commitment to tackling climate change and transitioning to clean energy sources. While this may be a setback for the expansion of the LNG industry, it aligns with the administration’s broader goals of reducing reliance on fossil fuels and promoting sustainable energy solutions.