How Biden may save U.S. gas exports to Europe

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President-elect Joe Biden's plan to crack down on the energy industry's greenhouse gas pollution could offer a boon for U.S. natural gas producers who want to keep exporting to an increasingly climate-minded Europe

Cleaning up fuel producers' climate pollution at home could help the industry avoid"a trans-Atlantic green gas war."

Such an outcome would contradict one of President Donald Trump's closing campaign themes: that electing the former vice president would spell doom for U.S. fossil fuel producers. But it could rankle progressive climate activists who are pushing for Biden to end fracking and stop all U.S. fossil fuel exports.

“There’s growing pressure in the European Union that if they’re going to go with gas, they have to hold it to a higher standard and not go with the lowest common denominator,” Bordoff said. But a wider European pushback against U.S. natural gas is real, multiple people at the gas companies have said. To the energy industry people, the best way for Biden to tackle the problem is to negotiate a shared standard for countries to measure the carbon content of natural gas, while making methane regulations a top policy priority at home.

Engie, a major French trading house, walked away from a proposed $7 billion, 20-year deal to import natural gas from NextDecade, a Texas liquefied natural gas company. A copy of Engie’s analysis of the proposed deal, obtained by French environmental group Les Amis de la Terre and shared with POLITICO, shows that the company feared financial repercussions if it contracted to buy the Texas shale gas that NextDecade had been offering.

 

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Probably too expensive

Nothing new.

You misspelled former Vice President Joe Biden, again...

Or, how about we use solar power and stop this oil and gas addiction commonsense education JoeBiden KamalaHarris JonathanScott

And so the Wars in the Middle-East will escalate......🤦

Boring now. Biden won. End of. How about something else? Fact 1 = Biden supported the UK in 1982 against Argentina, when Dublin did not Fact 2 = ‘82 was not the first time the USA was involved in a Falklands dispute Lexington Raid 1831 anyone?

AKA the free market.

Joe Biden is NOT President elect!!!

This is propaganda

PUTIN AND TRUMP are building a tunnel to Alaska . A $ 65 BILLION DOLLAR TUNNEL for their oil , natural gas and electricity ! Taking tens of thousands of jobs away from here in America using clean climate friendly energy programs ! GREEEDY TRAITOR

Biden won't be saving anything. Because Biden didn't win ✌

And there go American jobs

Gas production leaks methane which is a massive greenhouse gas contributor. These are bullshit talking points from an industry so embedded in political grift that nobody is calling them out. Gas was an answer in 1988 when the denial started in earnest. Planet is past that.

He'll be riding realDonaldTrump coat tail on this one. realDonaldTrump made our energy boom. EnemyOfThePeople

There is no such thing as 'green gas'

President-Elect! 🤣

A new Direction in energy is going to bring a landslide of financial rewards as well as global benefits to this planet that haven't been seen before. The US has to move into the 21st century we are falling behind, living like we did in the Industrial Age a century ago.

“Save”? Trump increased gas exports A LOT. during his term. The question is if Biden can keep it 🤷🏽‍♂️

Dead shale oil that has destroyed the US nature ..

Good

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