Located 40 miles off Cameron Parish, La., plant would have four trains and be the first such offshore facility in the U.S., set to produce up to 13.2 million metric tons of LNG annually, developer said.
The budget bill signed by President Donald Trump on July 4 and a more recent executive order slash renewable energy credits in favor of coal, gas and nuclear support, triggering expected sector upheaval and backlash over jobs, costs and climate progress.
Draft proposed rule, particularly aimed at coal-fired plants, is part of the government intent to stop facility retirements and boost the sector's fortunes under the Trump energy agenda, which also calls for possibly building new nuclear reactors without approval from the US Nuclear Regulatory
Commission.
UPDATE: On April 8. the Trump White House moved to follow China's coal power push, issuing four presidential orders to boost federal support of the sector and remove market barriers.
Presidential candidate Donald Trump would use financial gains from oil and gas drilling to fund highways and some other infrastructure, he told Republican supporters at the party's national convention.
Nearness to growing Asian gas markets propels just announced final investment decision on 190-acre new export complex at Prince Rupert, B.C., port site.
Owners Pembina Pipeline and the Haisla Nation say it has some of the sector's most innovative emissions control technologies, but not enough to appease environmental-advocate opponents.
Energy Secretary Jennifer Granholm touts a critical need for energy transition at CERAWeek by S&P Global gathering but oil and gas CEOs say energy security needs to be a bigger global priority.