Saturday, February 26, 2022

Biden Killed The Israel-Europe EastMed Gas Pipeline, How’s That Looking Now?

 Legal Insurrection


"Like life, a presidency is what happens to you while you’re busy making other plans.

"Joseph Biden intended his presidency to be about tackling the climate crisis – his most urgent priority after containing Covid-19. On his very first day in office, President Biden canceled the Keystone XL pipeline project, which was to carry millions of gallons of oil from Canada to refineries in the United States. The executive order canceling Keystone also revoked oil and gas development at national wildlife monuments.

"A few months later, Biden lifted sanctions on the Nord Stream 2 pipeline planned to carry natural gas from Russia to Germany, and ultimately approved it. Previous administrations opposed it as increasing German dependence on Russia and letting Russia deprive Ukraine of revenue by circumventing existing gas-transit networks. As of 2020, Russia supplied roughly 65% of Germany’s natural gas imports and 40% of European Union imported gas. Italy, which imports some 90% of its gas, is also heavily dependent on Russia.

"Finally, citing environmental concerns, Biden withdrew support for the EastMed Pipeline in January 2022. According to an accord between Israel, Greece, and Cyprus, the underwater pipeline was planned to stretch 1,180 miles across the Mediterranean Sea, connecting Israeli gas to Cyprus and Greece, and on to Italy. It was expected to cost about $7 billion, and would have carried 10 billion cubic meters of gas a year initially, with the possibility of eventually doubling capacity. Biden’s withdrawal killed the project for practical purposes.". . .

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When Putin’s Proxies Murdered Americans—and Obama Cowered and Lied to their Grieving Families (townhall.com)

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