Qatar’s state-owned QatarEnergy corporation announced a massive deal this weekend with the Chinese regime-owned company Sinopec to provide Beijing with 3 million tons of liquified natural gas (LNG) a year for the next 27 years – and a stake in Qatar’s North Field South (NFS) gas project.
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President Joe Biden’s administration is tabling seven oil and gas leases in an Alaskan wildlife refuge approved during the Trump administration after outcry from environmental activists.
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In a landmark climate trial, a Montana court on Monday ruled in favor of a group of youths who accused the western US state of violating their rights to a clean environment.
District Court Judge Kathy Seeley said a state law preventing agencies from considering the impacts of greenhouse gases when issuing permits for fossil fuel development was unconstitutional.
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New York State became the first state in the nation on Tuesday to ban natural gas and other fossil fuels in new buildings, mandating a shift to renewable energy and electricity as the state’s power grid runs short of capacity.
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Environmentalists seeking to halt U.S. oil and gas production in the name of combating climate change are undermining their own agenda and risking greater damage to the planet, according to a new report. “Nearly every facet of modern developed economies requires petroleum products and natural gas to function and provide the comfortable lifestyles that citizens of developed countries have come to expect,” the report states.
“These resources are necessary for agriculture, heavy industry, transportation by all modes — road, rail, air, or ship — and a great number of the products that we take for granted. They’re ingrained in almost everything.”
In other words, if the U.S., the world’s largest producer of both oil and natural gas, reduced its production significantly, other energy producers — such as China, Russia, and Saudi Arabia, among others — would likely pick up the slack, thereby not leading to any drop in global fossil fuel use.
Read More: Fox News