“At a time when we rapidly need to phase out fossil fuels, this year’s G7 host has pushed for the expansion of gas and LNG and technologies that would prolong the use of coal,” said Susanne Wong, Asia Program Manager.
“Our communities and climate cannot afford more fossil fuels, nor more dangerous distractions like carbon capture, hydrogen, or ammonia — it’s long past time to end the era of fossil fuels,” said Collin Rees.
There is a new name to add to the list of catastrophic climate failures by the Biden Administration: Alaska LNG.
Government-backed LNG projects are exposing the public to stranded asset risks and causing emissions nearly twice the annual emissions of Canada.
This week sees two crucial energy meetings in Japan, a country which remains one of the most prominent financiers of fossil fuels.
It is a gruesome milestone. A year after Russia’s brutal and bloody invasion of Ukraine, the ripples of war have spread across the globe. Tens of thousands of civilians have been killed, along with over a hundred thousand Ukrainian and Russian soldiers.
There are many winners and losers in war, but one of the biggest winners has been the U.S. LNG (Liquified Natural Gas) industry.
The Mountain Valley Pipeline will not enable U.S. LNG exporters to export more gas to Europe, is not needed in the Southeast, and will increase GHG emissions and make it harder to reach our climate targets. MVP is a false solution looking for a problem. It’s out of date and out of time.
As the geo-political fallout from the Ukraine war continues, the U.S gas industry is exploiting the crisis to increase LNG exports to Europe.
There are always those who will want to profit from war or the threat of war, as unscrupulous as it may seem. And for the American oil and gas industry there is no exception.