LNG

US could lose LNG initiative with Paris exit

The decision of the US to pull out of the Paris agreement could mean Washington’s gas advocacy loses political clout The decision of the US to pull out of the Paris agreement could mean Washington’s gas advocacy loses political clout.
By Chris Noon 5 June 2017 0 26205

The decision of United States President Donald Trump to pull out of the Paris climate agreement could result in Washington losing political, environmental and economic leverage over the LNG market.

The exit is inconvenient for US policymakers, argues David Goldwyn, chairman of the Atlantic Council’s Energy Advisory Board. Goldwyn said the move will make it more difficult for the Trump administration to champion the role of gas in decarbonisation just as several countries look to fulfil their...