"It's telling that the White House and Department of Energy have not even offered answers to those two huge questions about the potential consequences of this decision. If the entire policy is predicated on the importance of slowing global emissions, it's only fair to expect the federal government to show its work and prove that reducing the growth of American LNG exports actually will reduce global emissions."
Pipelines are critical for delivering energy to consumers and reducing emissions.
"U.S. policymakers should heed warnings from Europe, and embrace a policy of making American electricity once again the most reliable and affordable on Earth."
"The DOE is estimating the standards will decrease carbon emissions by approximately 4 million metric tons cumulatively over the same time span — roughly equivalent to the emissions associated with the energy use of 500,000 households."
The time-tested tools of economic and political freedom bear the most fruit in feeding the world and securing our future for generations to come.
"Maturity hardly comes to mind in today’s culture war. But political necessity is an unstoppable force. Should conservatives recommit to economic liberty and equate it with the environment, conservative environmentalism may be reborn. Environmentalists, for their part, need to refocus on what matters: results. To regain their identities, environmentalism and conservatism need look no further than their family tree."
"The United States desperately needs to hasten the development of supply chains for critical minerals that don’t involve China and Chinese companies for both commercial and national security interests. Unfortunately, current policies, including regulations from the Inflation Reduction Act (IRA), are doing exactly the opposite. They are hurting demand for electric vehicles, the very products that will incentivize the development of these supply chains. Instead, Washington needs to unleash the power of the US market by removing barriers to accessing capital, fast-tracking manufacturing, providing high-level diplomatic support, and promoting domestic demand."
LNG exports provide several economic, environmental, and national security benefits.
"How it used to work: If a company had $1.5 million in revenue and $1 million in expenses (let's say it was entirely domestic R&D), it would pay taxes on its $500,000 profit.
How it works now: In the same example, the company would have to amortize the $1 million in expenses over five years, so it would deduct only $200,000 (one fifth) and would pay taxes on $1.3 million in profit."
Our nation has long looked to innovators to carry breakthroughs forward. Our innovators now look to Congress to ensure we don’t backslide on them.
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