LNG exports: 'A good-faith test' for President Obama

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Article Highlights

  • Can anyone possibly believe that emission reductions of 80 percent are anything other than a fantasy?

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  • Thus have the environmental groups chosen to pollute the political process in pursuit of a massive suppression of technological advance and enhanced wealth for ordinary working people.

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  • The sudden concern of the environmental Left for Americans confronted with higher natural gas prices is touching.

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For the environmental Left, pursuit of their policy goals requires neither consistency nor evidence.

The heat is on. The environmental Left is on the attack, and the target now is not ExxonMobil, or the Kochs, or the Keystone XL pipeline, or fossil fuels, or the efforts of the world’s desperately poor to escape grinding poverty, or plastics, or indoor plumbing, or those who fail to worship Gaia, or any of the other usual suspects. Instead, it is President Obama, urged last month in an open letter by 16 environmental groups to prevent the exportation of liquefied natural gas (LNG) and to make a commitment to keep “most of our nation’s fossil fuel reserves in the ground, in line with the recommendations of most of the world’s leading climate scientists.”

The larger goal is the imposition of severe constraints on hydraulic fracturing of underground oil and gas resources in deep shale formations, a massive success story for the U.S. economy generally and for energy costs, employment, and aggregate wealth. The economic benefits of this technological revolution have been so large and so obvious and so popular politically that the Obama administration has found it necessary to voice support for fracking and its attendant expansion of energy supplies and employment, at least as a short-term “bridge fuel” to an (illusory) future of “clean, renewable” energy, which, as an aside, is neither.

Read the full article at The American.

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