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The Guardian - US
The Guardian - US
Environment
Taylor Kate Brown

Global banks pledged to cut emissions – but still invest billions on US gas exports

United States Natural Gas Coal Floodlight JPMorgan Chase Oil Société Générale the Sierra Club
Snow covered transfer lines are seen at the Dominion Cove Point liquefied natural gas terminal in Maryland.
Snow covered transfer lines are seen at the Dominion Cove Point liquefied natural gas terminal in Maryland. Photograph: Gary Cameron/Reuters

America’s massive gas export boom is about to get bigger. By the end of the decade, the Gulf coast could see as many as 12 new liquefied natural gas terminals (LNG) built along its shores.

This expansion would triple the amount of gas the US currently exports to be burned around the world, adding more than 200 coal plants worth of greenhouse gas emissions each year, according to one estimate.

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