U.S. exporting every molecule of LNG that it can to alleviate supply issues in Europe energy secretary
Date
3/23/2022 2:11:17 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, March 23. The U.S. exporting
every molecule of liquefied natural gas (LNG) that it can to
alleviate supply issues in Europe, Secretary of energy Jennifer
Granholm said during an online press briefing, Trend reports.
“Already, we have coordinated a series of releases of Strategic
Petroleum Reserves to help stabilize energy markets. And as I've
told our fellow IEA members, the U.S. is exporting every molecule
of liquified Natural gas that we can to alleviate supply issues in
Europe. The Biden administration is urging the U.S. oil and gas
industry to ramp up production to meet demand and to help lower
prices for working families everywhere. And at the same time, as we
can see, the tragic flooding along Australia's east coast reminds
us that the threat of climate change grows larger each day,” she
said.
Granholm pointed out that the world is sending clear
signals.
“We have to do everything in our power to address the immediate
needs of our people, but the truth is, only clean energy offers us
a viable medium- and long-term solution to these kinds of
challenges. Clean energy is reliable. It is diverse. It is
affordable. Solar, for instance, is cheaper than fossil fuels in
most parts of the world. It is the key to greater energy security,
to greater energy independence. It's the answer to both climate
change and autocrats who are weaponizing fossil energy,” noted the
energy secretary.
Granholm went on to add that the urgent need to speed up the
clean energy transition obviously has never been clearer, that this
meeting of the IEA is going to reflect that urgency.
“Our theme is the Year of Implementation: Accelerating Global
Action on Clean Energy and Energy Security. And our conversations
are going to center on immediate actionable steps that IEA members
can take, both individually and collectively, to raise our
ambitions, to advance our goals, and to create millions of
good-paying jobs in the process,” she added.
---
Follow the author on Twitter: @Lyaman_Zeyn
Tags:
MENAFN23032022000187011040ID1103898029
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.