Biden’s Natural Gas Plan Coming Soon as Industry Mounts Lobbying Blitz
- Changes may derail Venture Global’s CP2 terminal in Louisiana
- Climate activists pressure White House to curb exports
Pipelines at an underground natural gas storage facility in Santa Clarita, California.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
The Biden administration is set to unveil plans within days for intensifying environmental scrutiny of applications to export natural gas, potentially stalling massive planned projects for months, if not longer.
The administration’s approach could be announced as soon as the end of this week, according to people familiar with the matter who asked not to be named because there’s been no public announcement. White House officials have spent weeks deliberating over the issue — including how aggressive to get — as they navigate competing environmental, economic and political concerns tied to tens of billions of dollars in US gas trade.