The president’s decision on Calcasieu Pass LNG (CP2) in Louisiana is a huge win, comparable to the Keystone XL pipeline decision a decade ago. But what does it mean for Florida?
According to the New York Times:
Whatever new criteria is used to evaluate CP2 would be expected to be applied to the other 16 proposed natural gas terminals that are awaiting approval.
“This move would amount to a functional ban on new LNG export permits,” Senator Mitch McConnell of Kentucky, the Republican leader, said on the Senate floor Wednesday.
The catch is that there are already LNG export operations in Florida and Georgia.
Plus Florida is a few hundred miles closer than Louisiana to Puerto Rico, which is one of the usual first destinations of LNG, and closer to most of the rest of the Caribbean and Latin America.
And some of the financiers of Louisiana LNG projects are involved in existing or potential projects in Florida.
Here are excerpts from the NYTimes story. Coral Davenport, New York Times, January 24, 2024, White House Said to Delay Decision on Enormous Natural Gas Export Terminal: Before deciding whether to approve it, the Energy Department will analyze the climate impacts of CP2, one of 17 proposed LNG export terminals., Continue reading