US fossil fuel exports spur growth, climate worries - News Summed Up

US fossil fuel exports spur growth, climate worries


(Ahn Young-joon/Associated Press)GEOJEDO, South Korea — In South Korea’s largest shipyard, thousands of workers in yellow hard hats move ceaselessly between towering cranes lifting hulks of steel. Environmentalists counter that the massive new supplies unleashed by American advances in extracting natural gas from shale doesn’t just make coal-fired power plants less competitive. “So, if we build a natural-gas plant today, that will impact carbon emissions over decades to come. The Korean shipyards have developed a niche in building ships with the complex systems needed to transport natural gas. U.S. LNG exports quadrupled in 2017, with this year on track to see similarly exponential growth.


Source: Washington Post December 27, 2018 18:00 UTC



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