Nearly 150 states and local chambers from 36 states have joined the US Chamber of Commerce to urge the Biden Administration to reverse its decision to indefinitely ban new liquefied natural gas (LNG) export licences.
A letter sent this week to the US government expressed significant concerns, stating that the ban “undermines economic growth and environmental progress while betraying America’s commitment to bolster the security of our allies during a period of rising global instability.”
From Maine to California, chambers nationwide warned of the detrimental consequences the freeze will have on businesses, future investments, and global security.
In January 2024, President Joe Biden announced a temporary pause on pending decisions on exports of LNG to non-FTA countries until the Department of Energy (DOE) can update the underlying analyses for authorisations.
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