French government calls US LNG deal very dirty

The French government, which owns a part of Angie, stepped in to tell Angry’s board of directors to delay, if not outright cancel, any deal Because US natural gas producers emit a lot of methane The West Texas oil and gas fields that will supply gas to the Nextdecade plant, said Laureate Philippot, head of personal finance campaigns for the French environmental group Les Amis de la Terre, A French colleague of the Green Group Friends of the Earth who The French met with government officials to oppose the deal.

“It can still be signed in the coming weeks,” Philippot said. “But what is sure is that political, reputational risk around contract verification is one of the elements. Climate effects played a role.”

“It would have been a big contract, which comes into conflict with an energy transition in France,” Philippot said.

Angie’s spokesperson and the French Ministry in North America Economy, Finance and Recovery declined to comment. A person with direct knowledge of the matter who was not authorized to discuss it publicly Has been confirmed Story in the French press but declined to comment further.

A White House spokesman asked questions to the National Security Council. An NSC official sent questions to the Department of Energy, which was not immediately answered.

France’s move came as the European Union launched its European Green Deal to combat climate change. In a public statement, put out last week by the European Commission, it excluded energy imports as a major source of methane emissions, a powerful greenhouse gas that is one The major driver of climate change, but which does not remain in the atmosphere as long as carbon dioxide.

“Europe will take the lead, but we cannot do so,” EU Commissioner of Energy Qadri Simson said in a statement disclosing the Commission’s goals. “We need to work with our international partners to address the methane emissions of the energy we import.”

Focusing on imports can become a problem for US LNG vendors who get their natural gas from West Texas, where methane emissions are high and many oil-focused companies vent or burn. Close Natural gas which is a by-product of those wells. About 1.4 million metric tons of methane remains in a year From the fields According to data collected by the Permian Basin, an oil and gas hotspot covering West Texas and eastern New Mexico Environmental Defense Fund and published in April.

This pollution has become a controversial issue Kevin Book, director of the analysis firm Clearview Energy, said more countries try to improve their environmental record by partially cutting energy imports.

“We’re probably going to move from trade war to carbon trade war in the next 10 years,” Buch said. “You think whatever is going to happen on the climate, you have to predict against that.”

NextDeck declined to comment on the Angie discussion, but its senior vice president for strategy and business development, Pat Hughes, said in a statement, the company is “engaged with a significant number of potential customers that underscore the global nature of the LNG business Shows. “

Hughes said NextDec has promised to install technology that would allow it to capture 90 percent of greenhouse gas emissions from its proposed liquefaction plant to help address customers’ concerns about climate change.

Hughes stated, “The high standards of environmental and social performance that we see align ourselves with the many goals of our LNG customers, including those in Europe who will play a key role in the global energy transition. In testimony.”

Obama’s era of environmental regulations overturns effort By the Trump administration People in Europe’s industry will find it more difficult for natural gas exporters to stay on land contracts said. While individual companies are implementing technologies to reduce emissions, the administration plans to exit the Paris Climate Agreement and relax environmental regulations Some discussions took place.

Charlie Reidel, head of the Liquefied Natural Gas Trade Association, said regulatory uncertainty in the US “reaffirms the commitment of CLNG members and the rest of the natural gas value chain to work voluntarily to find innovative ways to make America’s natural gas cleaner.” Does. ” Concern has expressed that the regulatory rollback may cause our business partners to question our production method. “

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