Biden's war against US energy

 American Update:

The Biden Admin And Its Buddies Are Waging Foolish War Against Abundant Clean Energy

On Thursday, the Biden administration announced it was invoking a hold on permitting processes for proposed new export projects for liquefied natural gas (LNG). It was a nakedly partisan act designed to appease the Democrat party’s climate alarmist funder base, one that will create ripple effects across the global economy and energy space. It will also create uncertainty and alarm among consumers of US LNG, especially among European nations who are supposedly America’s allies.

Reacting to the policy decision, Tom Pyle, President of the DC-based Institute for Energy Research, told me that, “With this decision, President Biden is continuing to place his environmental donors over the American people. A delay of a decision on [permitting] until after the November 5, 2024, U.S. presidential election could spare President Biden from criticism from environmentalists, but it will likely cause havoc to markets and the energy security of our allies who may question the reliability of the United States as a secure energy supplier.”

Fortunately for the United States and its LNG customers, an array of new export facilities already in the construction phase of development will add up to 12 billion cubic feet per day of new export capacity over the coming three years. These projects would be unmolested by this latest authoritarian move by the White House, absent efforts to expand it.

One of the biggest of these is the Rio Grande LNG project being constructed outside Brownsville, Texas near the mouth of the Rio Grande River. Operated by developer NextDecade, Rio Grande LNG will have the capacity to export 11.74 million tonnes of LNG per year once its three trains go into service in the coming years. That equates to enough energy to heat and cool 34 million households, more energy than all the Biden administration’s planned offshore wind projects combined.

Even better, Rio Grande LNG is being designed to produce LNG that will rank among the lowest carbon-intensive production in the world. That’s because NextDecade is simultaneously building out a massive carbon capture and storage project in conjunction with the export facility.

But, even though Rio Grande LNG and other planned facilities under construction appear to be untouched by the Biden delay, no one should think they are moving ahead unopposed. A pair of activist groups, the Private Equity Stakeholder Project (PESP) and the Oregon Investment Council (OIC), groups with no real connection to the community, have worked to drum up opposition to the project that is providing hundreds of jobs and ultimately billions of dollars in economic impact for the local area. Ironically, this PESP group is working in opposition to the development despite major investments being made into it by ESG-focused investor groups, potentially including Larry Fink’s BlackRock if a planned acquisition is completed.
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The Dems' climate kook agenda is responsible for this irresponsible energy policy.  The biggest winner in this attempt to restrict US energy markets is Russia. 

See also:

Greens Claim Their Policies Will Benefit Minorities And The Working Class, But Experts Say They’re Dead Wrong

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“A top priority for black communities now is home ownership. Green policies make the cost of building homes more expensive,” Jackson, told the DCNF. “The materials are more expensive, and the environmental regulatory requirements add costs that contribute to higher home prices. New and affordable housing developments often are either delayed or completely stopped over environmental impact issues,” which in turn “contributes to artificial housing scarcity that also drives up homes prices.”

“For communities with lower education rates, the green agenda to deindustrialize the country is a financial disaster for minority communities,” Jackson added.

For example, the Environmental Protection Agency (EPA) is seeking to update ambient air quality standards for particulate matter, a move which industrial executives warned in November 2023 would kill jobs and gut America’s industrial capacity if implemented and enforced.
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And:

 Trump energy secretary, Republicans blast Biden for bowing to 'elite environmental lobby'

And:

 THE CLIMATE MODELS ARE WRONG

Dr. Roy Spencer, a top scientist specializing in climate, wrote a report for Heritage which he summarized on his own web site.

Spencer compared observed warming in the U.S. corn belt during the summer, between 1973 and 2022–a 50-year period–with the warming that was predicted by the major climate models. He found that all of the models yielded more warming than actually occurred, most to an absurd degree....

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