The $40 billion export project would be the second major fossil fuel initiative in the state to have stalled under the Trump administration — only to see its fortunes rise under Biden.
“Alaska LNG is a carbon bomb 10 times the size of Willow,” said Lukas Ross, program manager at the environmental advocacy group Friends of the Earth. “By rubber-stamping projects like these, Joe Biden is putting his own climate legacy at risk.”
“Look, I’ve been critical of the Biden administration on a whole host of issues,” Alaska Republican Sen., who has pitched the project to foreign companies and governments, said in an interview. “But this even has the strong support of the Biden administration.” . At the time, the Trump administration’s steel tariffs and the trade war with major gas consumer China were creating uncertainty about the project’s future.that the project would spew the equivalent of 1.5 billion tons of carbon dioxide into the atmosphere over its 30-year lifetime, even if it uses carbon capture technology. That’s akin to burning more than 8 million rail cars full of coal.
“Another massive fossil project from a president who promised to drive the transition to renewables!” Merkley. “We have to lead by the power of our example—this is exactly the wrong example for the world!” But what looked good as a blueprint never really penciled out in the ledger books, with its massive price tag deemed too large for investors. Especially daunting was the 800-mile pipeline that would be needed to transport the gas from Alaska’s North Slope to a liquefaction plant and export facility in Cook Inlet along that state’s southern coast. Alaska’s remote geography and brutal winters make any construction project more costly than it would be in the lower 48 states.
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