Title: Biden Administration Pushes For Even More "Climate Roadblocks" For Upcoming Oil And Gas Projects Source:
ZeroHedge URL Source:https://www.zerohedge.com/markets/b ... -upcoming-oil-and-gas-projects Published:Feb 19, 2022 Author:Tyler Durden Post Date:2022-02-19 22:09:51 by Dakmar Keywords:None Views:263 Comments:6
Having apparently learned nothing from oil prices skyrocketing out of control, President Biden is now intent on adding even more "climate roadblocks" to upcoming oil and gas projects in the United States.
The administration has "altered the official federal policy on approving new interstate natural gas facilities and pipelines, requiring a climate consideration", according to The Daily Signal.
Biden's cabinet prompted the Federal Energy Regulatory Commission to begin to undertake a robust consideration of the environmental impacts of fossil fuel projects seeking approval in the United States.
Meanwhile, oil continues its ascent to $100/barrel.
The agency said that projects that cause 100,000 metric tons of carbon dioxide per year will be recognized as having a "significant impact" on the environment. It also said that, during the approval process it may now "consider the eventual emissions caused by both upstream production and eventual burning of gas transported in a pipeline requiring approval."
FERC Chairman Rich Glick commented: I believe todays long overdue policy statements are essential to ensuring the Commissions natural gas siting decisions are reflective of all stakeholder concerns and interests. We have witnessed the impact on pipeline projects when federal agencies, including the Commission, fail to fulfill their statutory responsibilities assessing the potential effects of a project on the environment, landowners and communities.
As The Daily Signal notes, it is the first time the FERC has updated its natural gas policy since 1999.
Gillian Giannetti, Natural Resources Defense Council senior attorney, added: For far too long, FERC has allowed private pipeline developers to call the shots, while cutting those affected by the projects out of the process. Communities and landowners will now have a say before new pipelines cut across their land or new compressor stations are built near their homes.
But not all Democrats were on board. Senator Joe Manchin commented: Todays reckless decision by FERCs Democratic Commissioners puts the security of our nation at risk. The Commission went too far by prioritizing a political agenda over their main missionensuring our nations energy reliability and security.
"The only thing they accomplished today was constructing additional road blocks that further delay building out the energy infrastructure our country desperately needs, he concluded.
Does anyone else get the impression that this whole phony climate change nonsense really benefit the hell out of China? Because I am getting the idea that somehow somewhere, some way that at the heart of all of this bullshit is a yellow hand at work, wearing gloves made from banking cabal silk.
"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist
No, I get the impression it is to benefit the global banking cabal. Ban gasoline? Buy a new EV from GM. Who owns GM? DuPont. And so on...
I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I dont care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits. - William S Burroughs
Lest you think I am more full of shit than I let on :)
I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I dont care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits. - William S Burroughs
China has a lock on all the rare earth metals in both China and Africa, plus Afghanistan. I do not doubt DuPont, the company that made Marijuana and its derivatives illegal, has some power here. Its just that it seems to me all these moves that this administration has made since Day One, have been to put America at the feet of Chinas power.
Your argument is quite good though as DuPont has the majority of their manufacturing in China.
"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist
Check the nasal magnitude of the people promoting it, starting with Algore. Before him it was Carl Sagan and friends warning of a nuclear winter. "FERC Chairman Rich Glick," uh huh.
USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. 4um
Those effers are literally insane to the point of requiring _____________ you fill in the blank.
On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ~ H. L. Mencken