Reported DOE Findings from LNG Analysis Unhelpful to Environmental Progress
Consumer Energy Alliance (CEA), the leading energy and environmental advocate for families and businesses, issued the following statement regarding the findings of a forthcoming Department of Energy analysis of liquefied natural gas exports, as related in news accounts.
“It’s unfortunate to see what began as an election-year ploy turned into a predictable and pre-determined outcome that will slow environmental progress. By arguing to limit exports of LNG produced under America’s strict environmental standards, we limit the opportunity for other nations to enjoy the same success we have had in cutting emissions by using gas instead of higher-emitting fuels,” CEA President David Holt said.
“The study is reported to say that exports will increase domestic prices, which is a re-run of a tired argument that used to be made about U.S. oil exports. That argument was refuted when domestic producers responded to demand by increasing supply, an ironclad economic law that applies here. LNG exports have bipartisan support because they help American families and businesess, support our nation’s allies, create domestic jobs and ensure the world can enjoy continually lower emissions with reliable power.”
CEA looks forward to reviewing the report once it is released, he said.
Consumer Energy Alliance | https://consumerenergyalliance.org/