Europe and USA Make Ambitious Plans to Reduce Confidence in Russia

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“There is no way to increase USLNG exports and meet the mandatory climate commitments made by the US and EU,” said Abigail Dillen, president of the environmental law organization Earthjustice. She warned that installing LNG infrastructure would “lock in expensive fossil dependence and dangerous pollution for decades to come.”

American and European authorities also decided to look for ways to reduce greenhouse gas emissions from LNG infrastructure and pipelines and reduce methane emissions from gas operations. They said they will accelerate energy efficiency initiatives such as the deployment of heat pumps and the use of clean hydrogen technologies to replace fossil fuels, as well as speed up the planning and approval of renewable energy projects such as offshore wind and solar power.

Biden management Russia bans energy imports It’s a relatively easy move for the United States, as it is a net energy exporter, as part of broader sanctions against Putin. Some US lawmakers want the European Union to stop buying oil and gas from Russia altogether, but the possibility has been dismissed by several EU leaders, who see it as a financially disastrous move that will hurt Europe more than Russia.

Some energy experts have said that further escalation of the war, such as Putin’s decision to use chemical, biological or nuclear weapons, may leave the EU with little choice but to ban the purchase of Russian energy.

“As Europeans, we want to diversify from Russia to trusted, friendly and reliable suppliers,” Ms von der Leyen from the European Commission said in an announcement with Mr. Biden. “Therefore, the US commitment to provide at least 15 billion cubic meters of LNG to the European Union this year is a big step in that direction because it will replace the LNG supply we currently receive from Russia.”

Still, oil and gas executives said Mr Biden and Ms von der Leyen needed to be patient and accept that decisions about who sells gas to whom will be made by private companies at the negotiating tables, not politicians. As a result, exporters will try to sell their gas to buyers willing to pay the highest price for it.

“This is a capitalist system,” said Mr. Souki, the Tellurian administrator. “People like me are making these decisions. The government cannot tell us where to send the gas.”

Matina Stevis-Gridneff, Christopher F. Schuetze and Monika Pronczuk contributing reporting.

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