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The Guardian - US
The Guardian - US
Business
Oliver Milman

Biden’s delay of ‘carbon bomb’ projects could be a big deal – but will it last?

Joe Biden United States Donald Trump Climate Change European Union IEA Louisiana Oil
Tug boats prepare to pull out a liquefied natural gas tanker ship in Cameron, Louisiana, in April 2022.
Tug boats prepare to pull out a liquefied natural gas tanker ship in Cameron, Louisiana, in April 2022. Photograph: Mark Felix/Bloomberg via Getty Images

Joe Biden has, at least for a while, defused a ticking carbon bomb. Climate activists and the fossil fuel industry are now left wondering how long it will last.

The decision on Friday by the Biden administration to pause all pending export licenses for liquified natural gas (LNG) to consider the climate impact of the projects has been hailed as a momentous shift in the status quo by those concerned by the unfolding climate crisis.

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