We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
NEW YORK DAWN™NEW YORK DAWN™NEW YORK DAWN™
Notification Show More
Font ResizerAa
  • Home
  • Trending
  • New York
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Art
  • Health
  • Sports
  • Entertainment
Reading: Europe and the U.S. Make Ambitious Plans to Reduce Reliance on Russian Gas
Share
Font ResizerAa
NEW YORK DAWN™NEW YORK DAWN™
Search
  • Home
  • Trending
  • New York
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Art
  • Health
  • Sports
  • Entertainment
Follow US
NEW YORK DAWN™ > Blog > Business > Europe and the U.S. Make Ambitious Plans to Reduce Reliance on Russian Gas
Europe and the U.S. Make Ambitious Plans to Reduce Reliance on Russian Gas
Business

Europe and the U.S. Make Ambitious Plans to Reduce Reliance on Russian Gas

Last updated: March 25, 2022 10:02 pm
Editorial Board Published March 25, 2022
Share
SHARE
25europe lng01 facebookJumbo

“There is no way to ramp up U.S. L.N.G. exports and deliver on the imperative climate commitments that the U.S. and E.U. have pledged,” said Abigail Dillen, the president of Earthjustice, an environmental law organization. She warned that the buildup of L.N.G. infrastructure would “lock in expensive fossil dependence and dangerous pollution for decades to come.”

American and European officials also agreed to seek ways to decrease greenhouse gas emissions from L.N.G. infrastructure and pipelines and to reduce the release of methane from gas operations. They said they would ramp up energy efficiency initiatives, such as the deployment of heat pumps and the use of clean hydrogen technologies to displace fossil fuels, as well as expedite planning and approval of renewable energy projects such as offshore wind and solar power.

The Biden administration has banned Russian energy imports as part of a set of sanctions against Mr. Putin, a relatively easy step for the United States because it is a net exporter of energy. Some U.S. lawmakers would like the European Union to stop buying oil and gas from Russia altogether, but the prospect for that has been dismissed by several E.U. leaders, who see it as a financially disastrous step that would hurt Europe more than Russia.

Some energy experts said a further escalation of the war, such as a decision by Mr. Putin to use chemical, biological or nuclear weapons, could leave the European Union with little choice but to bar the purchase of Russian energy.

“We want as Europeans to diversify away from Russia, toward suppliers that we trust, that are friends and that are reliable,” Ms. von der Leyen of the European Commission said at the announcement with Mr. Biden. “Therefore the U.S. commitment to provide the European Union with an additional at least 15 billion cubic meters of L.N.G. this year is a big step in this direction, because this will replace the L.N.G. supply we currently receive from Russia.”

Still, oil and gas executives said Mr. Biden and Ms. von der Leyen would have to be patient and recognize that decisions on who sold gas to whom would be made across negotiating tables by private companies, not by politicians. Ultimately, exporters will seek to sell their gas to buyers willing to pay the highest price.

“This is a capitalist system,” Mr. Souki, the Tellurian executive, said. “It’s people like me who make those decisions. The government can’t tell us where to send the gas.”

Reporting was contributed by Matina Stevis-Gridneff, Christopher F. Schuetze, Monika Pronczuk and Zolan Kanno-Youngs.

You Might Also Like

Breaking Limits: The Evolution of Fabian Niklas Ciobanu

The Brand Doctor

Russia for Business: Experts Who Help Drive Decisions

The Quiet Shift in America’s Workforce: Why Side Hustles Are Becoming Essential for Women Over 40

From Pattaya to the World: Bryan Flowers’ Unstoppable Rise as a Global Entrepreneur

TAGGED:Biden, Joseph R JrEmbargoes and SanctionsEuropeEuropean CommissionEuropean UnionGermanyGlobal WarmingInternational Trade and World MarketNatural GasOil (Petroleum) and GasolinePutin, Vladimir VRussiaRussian Invasion of Ukraine (2022)The Washington MailUnited States International RelationsUnited States Politics and Governmentvon der Leyen, Ursula
Share This Article
Facebook Twitter Email Print

Follow US

Find US on Social Medias
FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
Popular News
Genetic variants can concurrently improve BMI and decrease ldl cholesterol threat
Health

Genetic variants can concurrently improve BMI and decrease ldl cholesterol threat

Editorial Board October 28, 2025
A Flight Attendant’s Tips on Surviving Travel Now
Activists Maintain “No to Genocide” Protest Outdoors Artwork Basel Miami Seashore
Virgil Abloh, Barrier-Breaking Designer, Is Dead at 41
Alabama senator claims NYC will probably be ‘completely Muslim in 3-4 years’

You Might Also Like

Exploring the Impact of Boardsi’s New Board Suite Through the Eyes of CEO Martin Rowinski
BusinessTrending

Exploring the Impact of Boardsi’s New Board Suite Through the Eyes of CEO Martin Rowinski

May 14, 2025
Astana International Forum 2025: “Connecting Minds, Shaping the Future”
BusinessTrending

Astana International Forum 2025: “Connecting Minds, Shaping the Future”

April 9, 2025
Investment success: GP Fatih Marketing Research Co LLC and the gold dream in Africa
BusinessTrending

Investment success: GP Fatih Marketing Research Co LLC and the gold dream in Africa

March 15, 2025
Al Amari Group Earns International Acclaim as a Trusted 5-Star Rated Firm
BusinessTrending

Al Amari Group Earns International Acclaim as a Trusted 5-Star Rated Firm

December 10, 2024

Categories

  • Health
  • Sports
  • Politics
  • Entertainment
  • Technology
  • Art
  • World

About US

New York Dawn is a proud and integral publication of the Enspirers News Group, embodying the values of journalistic integrity and excellence.
Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Term of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 New York Dawn. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?