The U.S Department of Energy recently released a study conducted by the National Energy Technology Laboratory which found that U.S. liquefied natural gas (LNG) exports to Europe and Asia would significantly reduce global greenhouse gas (GHG) emissions. While it was previously known that increased natural gas usage could help the U.S. reduce its own GHG […]
President Obama, Secretary of State Kerry and leaders of the European Union have clearly stated that additional global supplies of liquefied natural gas (LNG) will “benefit Europe and other strategic partners.” The President has the opportunity to send a clear signal that the U.S. is committed to enhancing the collective energy security of our allies and […]
“In all of the scenarios analyzed in this study, NERA found that the U.S. would experience net economic benefits from increased LNG exports.” “Across the scenarios, U.S. economic welfare consistently increases as the volume of natural gas exports increases. This includes scenarios in which there are unlimited exports.” “Unlimited exports always create greater benefits than […]
Read the full report here.