An interesting development in the climate change debate occurred this summer in the U.S. Congress. It wasn’t the Senate’s work on the Lieberman-Warner Climate Security Act; that was a...
says. And, now that El Paso has exited the LNG business, this approach to building and operating LNG terminals might go untested for some time, EIA says.
Given that prices for gas are high and that the hydrogen economy or even a transatlantic pipeline technology never before seen is long off, LNG terminals will have to be built and financing will have to made available. Otherwise, the only answer to high gas prices will be that of Energy Secretary Spencer Abraham: conservation.
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