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tv   Transforming Business  Deutsche Welle  March 15, 2024 7:15am-7:31am CET

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liquefied natural gas is impacting europe. of course you can get all the latest news information anytime you want, and the website at dw dot com. i'm terry martin. thanks for watching the thoughts we say they're about never getting up every weekend on d w. i mean, i know i right just do it and i'm hosting dw new podcasts. thanks. trace amount. bother today about move join us as we travel around your facing the history of
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every day. all set and that's something right around the world. no need to talk about just a subscriber id. listen to papa, and we'll take you along for the ride. more than 40 countries depend on the us for liquefied natural gas, l n, g for short. so when fine and recently announce that he was putting a freeze on certain future elegy exports coming from the us. it caused a bit of a stir. it was a mistake, i think, was the right decision. we went to louisiana. we're the nation soon to be biggest l n g terminal has been effected by the move into germany, which is now dependent on us l. n. g. what's the impact of biden's decision? we did deep to find out in this episode of transforming business to let start in louisiana. the small parish of cameron is nestled between 4 separate wildlife
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refuges and the gulf of mexico. the areas home to $5000.00 people as well as hundreds of species of birds, reptiles, and other fonda and flora is also home to 3. ellen g terminals. right next to me here. you see that your global there on the other side of the couch, she river cameron, resident john, a lair can see and smell them from his property. john is a retired environmental engineer. he's lived here for 25 years and they want to take this whole area over off of my property. now they're not allowed to be on my property, but right next door, it's very similar. visible from john's property is the proposed future location of a 4th. the terminal count because you 2 or c p 2 for sure to see the 2 will be the biggest elegy export terminal in the us with a capacity to export 24000000 tons of the fossil fuel per year. that's according to
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its owner venture global. it's one of 17 future l n g projects is that now facing uncertain future due to biden's decision, which pauses approvals for pending and future applications to export l. n g to countries that have a free trade agreement with the us back to this later elegy provides heating and electricity to millions of people around the world. the us started exporting it less than 10 years ago. last year, it shipped our 86000000 tons of it, an amount it expects to double in the next 3 years. the us is the world's top ex border. delivering gas to these countries. germany is one of them. it boosted elegy in ports after russia's invasion of ukraine, which we'll talk about in a moment. but 1st, what's behind biden's decision? there are a few hypotheses. a big one is that environmental activist put pressure on the by
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the administration. and it's decision the white house called climate change, the existential threat of our time, l. n. g is a fossil fuels which emits greenhouse gases contributing to global warming, and which the u. s. has pledged to move away from bite and says he also wants to protect communities living near export facilities like cameron parish word john the lair lives, which is dealing with the environmental impacts of elegy production, light pollution and land erosion. so this is the clay that are routing away from the old scenario that used to be down here. again, this was fully 3 elegy infrastructure has left a mark on the land, this muddy beach and used to be a sandy one before venture global drugs. the river to make space for elegy tankers, docking in the marine up. 8000 kilometers from louisiana on the german island of grogan. ellen g is a hot topic to,
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according to s and p global. 82 percent of its liquefied natural gas comes from the us. the european nation now has 3 fully operational import terminals. and the 4th has just received its 1st tank are here. opinions on who again are mixed of i'm all, it is a build. all these terminals from the ground at once, i think is the wrong decision for the future. are we over? um, i have nothing against it. we obviously need a little bit of gas wherever it comes from us. it doesn't come out of the ground on its own. in germany, we don't have any gas. despite fierce opposition from organizations and residents and vince a small town on the baltic coast, the german government went ahead with plans to build the island g terminal. its construction and the 3 others like it were fast tracked after russia invaded ukraine. germany was keen to reduce its heavy reliance on russian energy building elegy,
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re gas if occasion terminals allow her to process exports coming from other sources . like the u. s. which some residents and tours to your question. a miss gilbert this month, i believe so we don't need the ology terminals. that's also the opinion of some economists because of that. i think they shouldn't build them here. so and so it just germany's federal government acknowledges this. economic minister, robert havoc says additional terminals will provide your me with more than it needs, but that this surplus is what will keep the country safe in the event of sabotage to some of its energy infrastructure. in germany also sees natural gas is a transition fuel to move away from other higher emitting fossil fuels like coal and oil. and as an important backup for when wind and solar farms don't produce enough electricity. but this is also central to another reason why critics oppose biden's move. they argue that as a transition fuel l. n. g is key for important nations in the process of vamping up
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renewable energy efforts. flashing supplies doesn't create more demand or capacity of renewables. brenda shaffer is an energy expert at the us naval postgraduate school. and so for all the, you know, sort of so called environmental activists. the thought they had a big wind here. they're actually bringing to higher demand for coal and fuel oil. but some experts say l n g brings its own baggage. 80 percent of natural gas in the us comes from fracking. a process that relies on force and chemicals under ground. using high pressure. fracking has been linked to contamination. ground water increase these make activity and the release of methane upholden, greenhouse gas. it's more than a 100 times more powerful than carbon dioxide through the time it's in the atmosphere. robert howard is an earth system scientist and professor at cornell university. my research suggests that at least a 3rd of that,
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maybe half of that total global increase is methane emissions from frac shell gas in the united states. one of howard's recent studies asserts that natural gas might actually be dirtier than cold. consider all the energy it takes to drill wells, practice shell, rock liquefied, the gas and transported fee of massive tankers, which are often old and efficient. it was easy to add it all. well then for elegy, under the best case scenario can using conservative assumptions on emissions from shell gas and using the best, most moder tankers, allergies, you know, 25 percent largest footprint. then cool. overall for greenhouse gas emissions, just by the environmental concerns about l. n. g. some experts believe biden is making a political play aimed at a certain demographic ahead of the 2024 presidential election. this was sort of
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that as i think was, was, was trying to appeal to these younger voters that for them, you know, fossil fuels are evil and, and they're very concerned about about the role of fossil fuels and in, in, in climate change. even some of biden's fellow democrats aren't too thrilled with a decision, maureen, and will eliminate us jobs and staunch domestic economic growth. it is in america, the underpinning of our manufacturing renaissance. mary landry was louisiana's democratic senator for 18 years. she's now in energy consultant to advise center global owner of the c p to terminal natural gas is radical. to helping us build our steel and see met and ai facilities data facilities. you know, car companies check companies. let's go back to the impact of the frieze fighters move does not threaten current supplies to countries like germany. but while it
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remains in place, only countries with the free trade agreement, like those marked here in orange, will be able to benefit from supply increases that doesn't include europe, which got half of its elegy gas from the us last year. although even back in 2022 analyst agreed that the us l. n g industry had the capacity to boost supply to europe until 2030 without building any new infrastructure. sure. so what's the impact of biden's elegy? pause? well, it's put a spotlight on the debate about the role ellen's. you should play in our future. a debate were politicians, the energy industry economists and climate scientists have different points of view . germany may not need more elegy but wants it as insurance for its energy, security and as transition fuel. and those concerned about its impact on climate change and the environment say it isn't worth it. it locks countries into a dependency on a fossil fuel, which could be even dirtier than it's reported to be potentially for decades. us
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projects that have already been approved won't be impacted by biden's decision, which is a temporary pause, not a band. and even with the freeze, the us will still be able to triple its export to the next 5 to 7 years. what do you think is temporarily limiting elegy expansion the right move or not? does it even make much of a difference? let us know in the comments the the,
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into the conflicts own with tim sebastian presidential elections in russia of the usual full gun conclusion with nothing left to chalk, not even the best in jail as the leading opposition figure. i'll explain the vomit my guess is the russian commentator. i'm very colossally so tiny. he rushing,
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you're right. just sent that in moscow was nevada is such a serious, correct? but it has to be to conflict next on d. w to the point. strong opinions, clear position, international perspective. visual leaders say they don't want to be drawn to russia, but ask the latest cases of espionage against germany show russia is already at war with the craze. allies on to the point we ask russians hybrid warfare, the real threat to the west, to towing in 6 to minutes on d. w. the in progress. tough calls to everyone who wants to know more about this topic that
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concerned about the stories beyond the headline world in progress. the w talked cost you might see me, how much can we do simultaneously? multitasking these, the modern methods. because if we do too much at one video, wrong mess, things up, risking brain damage. so let's stop this self sabotage humans and multitasking. watching our new to v w documentary. sometimes a seed is of all you need to allow big ideas to grow or to bring an environmental conservation to life with learning facts like global ideas. we will show you how climate change and environmental conservation is taking shape around the world
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and how we can make a difference. knowledge grows through sharing, download it now for the presidential elections in russia of the usual for going conclusions. we've nothing left to john, not even the death in jail as the leading opposition figure. i'll explain about me . whose name postern couldn't bring himself to speak. my guest is the russian commentary to andre kalashnikov, who had split kindly. he rush, are you ready to send that in moscow? was in the valley such a serious threat to put into the regime that he had to be killed even to be imprisoned. that when it was a threat to pretend that competitor may be invisible in an information, feel about the same time quite mighty, and way to compress it for, for the part that was that population. and because of that it.

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