Liquified Natural Ca$h

“New long-term commitments to export methane gas, justified by the Russian invasion of Ukraine, lock in higher emissions, decimate frontline communities, and force higher energy costs on consumers.”

“US methane gas exports, which have skyrocketed in recent years, are poised to boom in the wake of the war in Ukraine, threatening to push up prices for consumers and unleash massive climate-warming emissions, a new analysis by Friends of the Earth, Public Citizen, and BailoutWatch has found.

“Fossil fuel executives are exploiting the Russian invasion of Ukraine to justify contracts that commit the United States to keep exporting LNG into the 2040s. These long-term supply contracts, which have proliferated in the year since the Russian invasion, make it possible to build new export terminals by guaranteeing annual delivery of millions of tons of gas for 20 years or more to overseas consumers.”