On Friday’s broadcast of CNBC’s “Squawk Box,” Energy Secretary Jennifer Granholm said the suspension of liquefied natural gas (LNG) export approvals could actually be a moratorium on environmentally beneficial exports. He said that there is a sex. Because LNG can replace dirtier coal.
Granholm said:[W]You only need to update the data associated with the factor. So the factors are, does this have an impact, what does it mean for national security, what does it mean for foreign policy, what does it mean for our allies, and do we need allies? It’s about having access to that kind of energy. , what is the impact on house prices, what is the impact on the climate?”
Co-host Andrew Ross Sorkin then interjected and asked a question. I think that’s a different issue. Because some people specifically look at LNG and say it’s a cleaner form of energy. In fact, when exported, it often replaces energy that could be produced by more polluting coal. ”
Mr. Granholm replied: This is a temporary suspension to allow for an assessment, which will be led by the National Institute. This is not an indefinite suspension. It will last several months, and there will be a comment period, etc. ”
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