1Center for American Progress | Fossil Fuel Exports
Te U.S. energy landscape is changing. Quie suddenly we areless han 50 percen dependen on oreign oil. We are, by many esimaes, awash in naural gas. And overseasdemand or our coal is on he rise as coal’s share o our elecriciy producion declines. A he Cener or American Progress we believe ha wo overarching goals should guideour energy policies: achieving a signican reducion in emissions o global warmingpolluans and moving as as as we can oward a clean energy economy. An economicgrowh sraegy ha depends on ossil uel exracion and expors won’ ge us here.Tis wo pager briey oulines he acors driving coal and gas expors and oers recom-mendaions o ensure our energy developmen proceeds susainably.
Battles over exports intensify
As a naion we’ve been vigorously arguing over energy or many decades. Laely, hosedebaes have moved ono less amiliar errain: wheher we should be exporing our abun-dan coal and naural gas resources and he peroleum producs rened rom ar sandscrude delivered o he Unied Saes rom Canada hrough he Keysone XL pipeline.Pressure o expor liqueed naural gas is rising, propelled by large shale gas nds andlow domesic gas prices. Te Deparmen o Energy recenly approved a permi orero a Louisiana LNG impor erminal so i can handle expors. More such permiapplicaions are pending. Legislaion o block ederal approvals o new erminals unil2025 and prohibi he expor o gas rom ederal lands has been inroduced in Congressamid ears ha large expors will prove cosly or U.S. consumers.Meanwhile, he coal indusry is looking o expors o Asia o cushion a decline in isshare o he U.S. elecriciy marke. In he Pacic Norhwes hree highly conroversialproposals or expor erminals are in he works. In he Powder River Basin o Wyoming,home o40 perceno U.S.coal producion , he Inerior Deparmen has wihin he las
year moved o lease righs o more han 2 billion ons o coal on ederal lands.
Fossil Fuel Exports
Exploring the Implications of Selling Homegrown Energy
March 1, 2012