This article is a comprehnsive look at the race for profits on the part of the fossil fuel industry. It puts a human face on the toll this expansion would take and what it would mean to the environment and decarbonization plans.
Read and share this information. None of this is for Ukraine.
“Europe does not want this gas for very long, and it is scared of getting locked in,” said Jason Bordoff, founding director of the Center on Global Energy Policy at Columbia University.”
“The contracts, though, are only part of the picture. Europe right now is not even equipped to take on more U.S. natural gas than has already been sent its way since the Ukraine war began. It would have to build costly new infrastructure, including pipelines and import terminals. These are the kinds of investments that don’t pay off unless they are used for decades, which is not in Europe’s plan.”