Cheniere Energy Inc. has asked the Biden administration to exempt it from limits on emissions, arguing they would force the top U.S. exporter of liquefied natural gas to shut for an extended period and endanger the country’s efforts to ramp up supplies to Europe, reports Reuters.
The request imposes an uncomfortable dilemma on President Joe Biden’s administration as it tries to balance efforts to slash pollution from the fossil fuel industry against promises to help European allies cut energy ties with Moscow over its invasion of Ukraine.
Denying Cheniere could reduce America’s LNG exports for months or years. Read more.