Articles from Around the Web

"If idealistic politicians succeed in removing U.S. LNG from the global market, it will lead to the double whammy of increased coal and dirtier natural gas from emissions-agnostic countries like Russia. Like nuclear, the LNG export sector is highly vulnerable to political disruptions. A rejected export terminal, much like a failed reactor, can erode investor confidence enough to reverse the industry’s momentum. A German state-owned gas importer, SEFE, has already turned to Russia in response to the pause, and other committed buyers like Malaysia are reportedly getting cold feet. These developments are neither good for global security nor the climate."

"Some may argue that permitting is needed to ensure that projects are complying with laws, such as environmental and property regulations. But parties who are operating under a permit by rule are incentivized to comply with the law on their own. A company that invests money to begin a project will lose that investment if the government shuts it down for non-compliance. Government micromanagement is unnecessary and only slows things down."

"Even before Louisiana's Class VI well primacy took effect in February, the Gulf Coast state had become a target for carbon capture development due to its oil and gas industry and porous geology. Recent state legislation on CO2 storage leasing and accident liability has also helped usher in investment and earn the EPA's trust, said Colleen Jarrott, a New Orleans-based partner with Hinshaw & Culbertson LLP who represents carbon capture developers."