America's LNG Boom May Be On A Collision Course With Climate Change

"NEW YORK -- America's liquefied natural gas boom has a climate change problem, according to a report released on Monday.

The US energy industry is scrambling to build dozens of expensive export terminals that can be used to ship cheap natural gas to China and other fast-growing economies that want to move away from coal.

While those investments make sense today, they will likely be derailed in the longer run by a combination of plunging renewable energy costs and rising climate change concerns, according to the Global Energy Monitor, a network of researchers tracking fossil fuel projects."

Matt Egan reports for CNN July 1, 2019.

Source: CNN, 07/03/2019