Today, together with 31 other organisations from the US Gulf South, Europe, Japan and elsewhere, we are publishing a letter demanding European and Japanese banks to rule out financing for LNG infrastructure projects in the US Gulf South Coast. Banks like ING, Intesa Sanpaolo, Deutsche Bank, Mizuho, MUFG, Crédit Agricole CIB, Sumitomo Mitsui Banking Corporation – SMBC Group and Banco Santander have poured billions of dollars into LNG projects & companies in the Gulf South, contributing to human rights violations, environmental degradation and environmental racism. We call on banks to: ✅Rule out direct financing for LNG projects in the Gulf South Coast ✅Provide remedies and compensation for harm done ✅Introduce a policy excluding financing for all midstream projects and companies expanding the LNG sector. The letter is published on the same day that nearly 200 community organisers and frontline leaders from the Gulf South are leading a massive march to Citibank’s headquarters in New York as part of the “Summer of Heat” Gulf South Solidarity Week. The Gulf is not your sacrifice zone! https://lnkd.in/er6KHXxF
Oil Change International’s Post
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Today, together with 31 other organisations from the US Gulf South, Europe, Japan and elsewhere, we are publishing a letter demanding European and Japanese banks to rule out financing for LNG infrastructure projects in the US Gulf South Coast. Banks like ING, Intesa Sanpaolo, Deutsche Bank, Mizuho, MUFG, Crédit Agricole CIB and Banco Santander have poured billions of dollars into LNG projects & companies in the Gulf South, contributing to human rights violations, environmental degradation and environmental racism. We call on banks to: ✅Rule out direct financing for LNG projects in the Gulf South Coast ✅Provide remedies and compensation for harm done ✅Introduce a policy excluding financing for all midstream projects and companies expanding the LNG sector. The letter is published on the same day that nearly 200 community organisers and frontline leaders from the Gulf South are leading a massive march to Citibank’s headquarters in New York as part of the “Summer of Heat” Gulf South Solidarity Week. The Gulf is not your sacrifice zone! https://lnkd.in/er6KHXxF
Coalition calls on European and Japanese banks to stop financing methane gas export projects on the United States Gulf Coast
banktrack.org
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🌟 In the News: Policy To Back Lng Purchases By Insuring Bank Loan, Offered By N… 🌟 🔍 Global LNG Insights: Uncover the latest in LNG with a focus on key markets and innovations. #LeaveaComment ! 📝 Highlights: POLICY TO BACK LNG PURCHASES BY INSURING BANK LOAN, OFFERED BY NIPPON EXPORT AND INVESTMENT INSURANCE, WILL BE FIRST COVERING A DOMESTIC LOAN - NIKKEI ... - Gain valuable insights into the LNG industry. 🔗 Dive Deeper: [Read More: https://lnkd.in/dkfaXaQY] – Your go-to for comprehensive global LNG market coverage. 🌐 Visit: https://lnkd.in/gvCrX7kR for more insights. 🗨️ Join the Discussion! Your opinions are invaluable. #Comment below to share your views, ask questions, or start a conversation. We're excited to engage with each comment and hear what you think! #LNG #Energy #GlobalMarkets #Innovation #LNGTechnology #USA #Australia #Qatar #Russia #Japan #China #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #GlobalEconomy #Comments #JoinTheConversation #YourVoiceMatters
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ANGEA CEO Paul Everingham used conversations over the past month with senior US government officials, members of Congress and journalists to raise Asia's concerns with the current pause on US LNG export approvals. It's critical, he writes in his From the CEO column, that the US continues to be the responsible energy trading partner that Asia has come to rely on. Read the full article: https://bit.ly/4cAEQlq #lng #lngindustry #energytransition #energysecurity #decarbonisation #decarbonization
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🌟 In the News: Policy To Back Lng Purchases By Insuring Bank Loan, Offered By N… 🌟 🔍 Global LNG Insights: Uncover the latest in LNG with a focus on key markets and innovations. #LeaveaComment ! 📝 Highlights: POLICY TO BACK LNG PURCHASES BY INSURING BANK LOAN, OFFERED BY NIPPON EXPORT AND INVESTMENT INSURANCE, WILL BE FIRST COVERING A DOMESTIC LOAN - NIKKEI ... - Gain valuable insights into the LNG industry. 🔗 Dive Deeper: [Read More: https://lnkd.in/dkfaXaQY] – Your go-to for comprehensive global LNG market coverage. 🌐 Visit: https://lnkd.in/gvCrX7kR for more insights. 🗨️ Join the Discussion! Your opinions are invaluable. #Comment below to share your views, ask questions, or start a conversation. We're excited to engage with each comment and hear what you think! #LNG #Energy #GlobalMarkets #Innovation #LNGTechnology #USA #Australia #Qatar #Russia #Japan #China #LNGCluster #EnergyTransition #MarketInsights #IndustryAnalysis #Natgas #NaturalGas #Tech #GlobalEconomy #Comments #JoinTheConversation #YourVoiceMatters
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ATTRACTING INVESTMENT Why U.S. LNG Is Attracting Foreign Investment - The primary attractions of US LNG are the flexibility to ship to either Asia or Europe, and its cheapness compared with prices in those regions. Despite the market volatility, the arbitrage opportunities can make a huge investment in American export capacity worthwhile. - Learn More: https://hubs.la/Q02J8fg10 #lng #naturalgas #natgas #investment #foreigninvestment
Why U.S. LNG Is Attracting Foreign Investment - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com
https://energynow.com
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🌟 In the News: Sen. Merkley condemns Biden admin for rubber-stamping LNG buildout 🌟 🔍 Global LNG Insights: Delve into the latest trends and breakthroughs in the LNG industry, exploring key markets and countries at the forefront of LNG development. 📝 Article Highlights: The Democratic lawmaker spoke with Canary Media in a lively Q&A about how America's surging exports of liquefied natural gas undermine U.S. climate leadership. 🔗 Discover More: [Deep Dive: https://lnkd.in/gJHySrQx] – Stay updated with our comprehensive news coverage on LNG markets from across the globe. 🌐 Visit our news hub for more insights: https://lnkd.in/gvCrX7kR #LNG #Energy #GlobalMarkets #Sustainability #Innovation #LNGTechnology #USA #Australia #Qatar #Russia #Japan #China #LNGCluster #EnergyTransition
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🌟 In the News: Sen. Merkley condemns Biden admin for rubber-stamping LNG buildout 🌟 🔍 Global LNG Insights: Delve into the latest trends and breakthroughs in the LNG industry, exploring key markets and countries at the forefront of LNG development. 📝 Article Highlights: The Democratic lawmaker spoke with Canary Media in a lively Q&A about how America's surging exports of liquefied natural gas undermine U.S. climate leadership. 🔗 Discover More: [Deep Dive: https://lnkd.in/gJHySrQx] – Stay updated with our comprehensive news coverage on LNG markets from across the globe. 🌐 Visit our news hub for more insights: https://lnkd.in/gvCrX7kR #LNG #Energy #GlobalMarkets #Sustainability #Innovation #LNGTechnology #USA #Australia #Qatar #Russia #Japan #China #LNGCluster #EnergyTransition
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[email protected] "Земя" "Тази земя, по която тъпча сега, тази земя, която пролетен вятър пробужда, тази земя – не е моя земя, тази земя, простете, е чужда." Beekeeper Apis mellifica L.- European honeybees
To: Citi CEO Jane Fraser Last month, the Biden Administration hit pause on approval of all new liquified natural gas (LNG) exports, delaying and halting these projects. This action by the White House should be a signal for all financial institutions that the end of the fossil fuel era is here. So why is Citi still financing LNG? This pause on LNG sets a precedent for the financial sector to follow suit and divest from fossil fuel projects. While government actions are essential, the financial sector has the power to accelerate the transition to renewable energy by divesting from fossil fuels. Citi has a responsibility to its investors, shareholders, and employees, to provide a return on investment. LNG is an especially risky investment – both for financial returns and for our climate. LNG (methane gas) has more than 80 times the warming power of carbon dioxide over the first 20 years after it reaches the atmosphere. Methane is highly volatile, and poses dangerous explosion risks for all communities that live near a project. There are also significant health risks due to the greenhouse gas emissions created during the extraction, transmission, and transportation of LNG. Communities in the Gulf South are facing an aggressive buildout of LNG, with over 20 LNG facilities proposed. The scale of US methane gas expansion is immense, with the US being the largest natural gas producer in the world. The oil and gas industry is destroying lives, health, livelihoods, homes, and land. Your company has a choice. You can prioritize the health and safety of our climate and of the communities your investments impact. Or, if Citi does not stop financing LNG, you are perpetuating the displacement, pollution, and physical harm of impacted communities. Thank you for your attention on this important matter. Sincerely, https://lnkd.in/dE8qk775
Dimitar Dolnooryahov
facebook.com
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Founder at Energies Invest™ & LNG Cluster™ | Energy Management Author | PhD Management, DBA | Public and Private Sector Energy Consulting
🌟 In the News: Sen. Merkley condemns Biden admin for rubber-stamping LNG buildout 🌟 🔍 Global LNG Insights: Delve into the latest trends and breakthroughs in the LNG industry, exploring key markets and countries at the forefront of LNG development. 📝 Article Highlights: The Democratic lawmaker spoke with Canary Media in a lively Q&A about how America's surging exports of liquefied natural gas undermine U.S. climate leadership. 🔗 Discover More: [Deep Dive: https://lnkd.in/gV-FYDZi] – Stay updated with our comprehensive news coverage on LNG markets from across the globe. 🌐 Visit our news hub for more insights: https://lnkd.in/grCFA2SN #LNG #Energy #GlobalMarkets #Sustainability #Innovation #LNGTechnology #USA #Australia #Qatar #Russia #Japan #China #LNGCluster #EnergyTransition
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ATTRACTING INVESTMENT Why U.S. LNG Is Attracting Foreign Investment - The primary attractions of US LNG are the flexibility to ship to either Asia or Europe, and its cheapness compared with prices in those regions. Despite the market volatility, the arbitrage opportunities can make a huge investment in American export capacity worthwhile. - Learn More: https://hubs.la/Q02J86Qt0 #lng #naturalgas #natgas #investment #foreigninvestment
Why U.S. LNG Is Attracting Foreign Investment - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com
https://energynow.com
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