LIVE UPDATES
The US House of Representatives has greenlit a bill to counter the Biden administration's recent decision to halt new approvals for certain liquefied natural gas (LNG) exports, marking a significant development in energy policy.
With a vote of 224-200, the chamber approved the bill, drawing support from nine Democrats who aligned with every Republican present. The legislation seeks to eliminate the federal mandate requiring the Department of Energy to assess LNG export permits based on public interest before granting project clearance.
Among the Democrats backing the bill were Yadira Caraveo of Colorado, Jim Costa of California, and several representatives from energy-rich states such as Henry Cuellar, Vicente Gonzalez, and Marc Veasey of Texas. Additional supporters included Jared Golden of Maine, Rick Larsen and Marie Gluesenkamp Perez of Washington, and Mary Peltola of Alaska.
The passage of the bill underscores bipartisan concerns regarding the Biden administration's approach to LNG exports and its potential impact on domestic energy markets and international trade.
However, despite gaining traction in the House, the bill faces substantial hurdles in the Senate, where it would require 60 votes for advancement. The Senate's current composition suggests that even with potential Democratic support, the bill may struggle to gain sufficient backing for passage.
The bill's fate in the Senate underscores the broader challenges associated with energy policy and regulatory decisions, highlighting the intricate balance between environmental considerations, economic interests, and geopolitical dynamics.
As the debate surrounding LNG exports continues, policymakers navigate complex terrain, seeking to reconcile competing priorities while ensuring energy security, environmental sustainability, and economic growth.
