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EU lawmakers to Biden: we don’t need more US natural gas

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on The Hill or enjoy below:

🗞️ Driving the news: Sixty European Parliament members have expressed concern in a letter to President Biden, cautioning against the use of Europe as a pretext for expanding U.S. liquified natural gas (LNG) exports
This follows reports that the Biden administration may pause new gas export terminals to assess their national interest, amid debates on the environmental impact and necessity of such exports

🔭 The context: The debate centers around the construction of new LNG terminals in the U.S., which critics argue could exacerbate climate change and harm U.S. communities
Proponents, like the American Petroleum Institute, claim these exports are crucial for national security and supporting allies, especially in light of Russia's aggression against Ukraine

🌍 Why it matters for the planet: The expansion of LNG infrastructure could lock-in long-term reliance on fossil fuels, undermining efforts to transition to a low-carbon economy
With European gas needs declining and existing infrastructure underused, further expansion could exacerbate climate risks without addressing actual energy needs

⏭️ What's next: The European Parliament's stance and the U.S. administration's decision on LNG export terminals could significantly influence global gas markets and the trajectory of climate change mitigation efforts
This issue highlights the complex balance between energy security, market dynamics, and environmental sustainability

💬 One quote: "Europe’s current consumption of fossil gas is already being met under current import levels and with existing infrastructure," (the European members)

📈 One stat: In 2022, nearly 7 trillion cubic feet of U.S. gas was exported, comprising about 20% of total production

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