The numbskulls in charge: delaying CP2 LNG terminal review

1,530 Views | 11 Replies | Last: 2 yr ago by Ellis Wyatt
2wealfth Man
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https://seekingalpha.com/news/4058184-biden-to-delay-decision-on-proposed-largest-us-lng-export-terminal-nyt

Quote:

The Biden administration has paused a decision on whether to approve Venture Global's planned Calcasieu Pass 2 liquefied natural gas plant in Louisiana, which would be the largest LNG export terminal in the U.S., The New York Times reported Wednesday.

Preparing for the re-election campaign, the White House reportedly has directed the Department of Energy to expand its evaluation of the project to consider its impact on climate change, as well as the economy and national security.

A delay could stretch past the November election and spell trouble for the Venture Global LNG project and 16 other proposed terminals, including projects led by Energy Transfer (ET), Commonwealth LNG and NextDecade (NEXT), according to the report.

The $10B Calcasieu Pass 2 project would dwarf existing U.S. export terminals, with export capacity of as much as 20M metric tons/year of natural gas that would increase the current amount of exported U.S. gas by ~20%.
There is said to be little division within the White House over delaying CP2, in part because it is not seen as a major energy security issue, since the U.S. already produces and exports so much gas.
CDUB98
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Someone posted this in the other thread, but it does deserve its own.

So many people will be out of work if VG shuts down engineering. That project is gigantic.
PCC_80
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This Admin is absolutely anti business and anti jobs. It is a wonder that we have any economy at all.
one safe place
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biden and most democrats are anti-America, anti-fossil fuels, and anti-capitalism. They are more of a threat to the American way of life than the Germans and Japanese were in the 1940s.
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deddog
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PCC_80 said:

This Admin is absolutely anti business and anti jobs. It is a wonder that we have any economy at all.
No more mean tweets.
Definitely worth it.
MouthBQ98
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**** ALL the selfish self absorbed leftist activists in our federal bureaucracy.
Shoefly!
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MouthBQ98 said:

**** ALL the selfish self absorbed leftist activists in our federal bureaucracy.

It's almost like the Mafia, delay delay delay to get the payday!
Dan Scott
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I wonder if there are LNG exporters fighting this. Gotta keep the price high. 2 years ago selling to Europe was a cash printing machine.

On climate it's dumb. LNG would replace to coal for Europe and China. On National security it's dumb because it helps Europe get consistent source of energy. On economic impact, maybe. The more we export LNG the higher Nat Gas goes.
Central Committee
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But the radical left does not think in logical terms. Natural gas helped the US reduce emissions far more rapidly than Europe.

The radical left and greens think in terms of zero carbon dioxide come hell or high water or mass starvation.
Ellis Wyatt
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one safe place said:

biden and most democrats are anti-America, anti-fossil fuels, and anti-capitalism. They are more of a threat to the American way of life than the Germans and Japanese were in the 1940s.
It is all about control. They are remaking the country. Hussein promised hope and change and some people continue to whine about Trump's boorishness instead of keeping their eyes on the ball.
Ellis Wyatt
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None of this is about emissions. It's not about the environment. That's just the cudgel.
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