Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

longz

Maple MAGA

To: Maple MAGA who wrote (1508858)	12/17/2024 7:56:29 PM
From: FJB	2 Recommendations of 1571808

Biden tries to sabotage Trump with bullshit LNG report. The Biden administration issued its long-awaited assessment on liquefied natural gas (LNG) exports on Tuesday, with its findings potentially complicating President-elect Donald Trump’s plans to unleash America’s energy industry. The Department of Energy (DOE) published the study nearly a year after the administration announced in January it would pause approvals for new export capacity to non-free trade agreement countries to conduct a fresh assessment of whether additional exports are in the public interest. While the report stopped short of calling for a complete ban on new export approvals, it suggests that increasing exports will drive up domestic prices, jack up emissions and possibly help China, conclusions that will potentially open up projects approved by the incoming Trump team to legal vulnerability, according to Bloomberg News. “The main takeaway is that a business-as-usual approach is neither sustainable nor advisable,” Energy Secretary Jennifer Granholm told reporters on Tuesday. “American consumers and communities and our climate would pay the price.” Trump has pledged to end the freeze on export approvals immediately upon assuming office in January 2025 as part of a wider “ energy dominance” agenda, a plan to unshackle U.S. energy producers to drive down domestic prices and reinforce American economic might on the global stage. It could take the Trump administration up to a year to issue its own analysis, and Bloomberg News reported Tuesday that “findings showing additional exports cause more harm than good could make new approvals issued by Trump’s administration vulnerable to legal challenges.” Republican Washington Rep. Cathy McMorris Rodgers slammed the study as “a clear attempt to cement Joe Biden’s rush-to-green agenda” in a Tuesday statement and asserted that the entire LNG pause was a political choice meant to appease hardline environmentalist interests. cont...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next