The Obama administration is taking a "hard look" at the environmental and economic impacts of America's burgeoning natural gas industry, Vice President Joe Biden announced last monthand the Department of Energy says it's going to take "months, not years" to finish the review, Reuters reports.
Deputy Energy Secretary David Turk told the Senate energy committee yesterday that the pause won't affect US exports of liquefied natural gas to Europe, which last year became the world's No.
1 LNG exporter.
"As we export more, already under construction already under authorization, the demand for many of our allies, it's actually decreasing," Turk told reporters after testifying, per Euractiv.
Sen.
Joe Manchin, a Democrat from West Virginia who called yesterday's hearing, said the pause signals "the wrong direction for our country, a very wrong direction."
But Turk said that as the administration talks with allies and partners about the pause, "'we feel very comfortable' about their gas supply going forward."
A US official earlier yesterday told Reuters that deliveries to Europe wouldn't be affected.
The US became the world's top LNG exporter last year amid strong demand from Europe following Russia's invasion of Ukraine, and the shipments are expected to double by the Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
Young at 24, Juan David Aristizabal Ospina is a social entrepreneur who founded Buena Nota, a platform that accentuates social entrepreneurs and citizens in Colombia making positive changes and raising awareness about social problems that need to be addressed.