Ireland Approves LNG Facility Amid Energy Security Concerns

The Irish government has approved a plan to develop an emergency gas facility, rolling back on its ambitious climate goals in favor of beefing up energy security.

A floating liquefied natural gas terminal will be developed for use as a “strategic gas emergency reserve,” according to a statement by the Environment Department on Tuesday. The facility will be used to import, store and regasify fuel for use in the grid.