Biden Freezes Licenses to Export Gas, Imperiling Projects (1)

The Biden administration on Friday halted the approval of new licenses to export US liquefied natural gas while it scrutinizes how the shipments affect climate change, the economy and national security — a moratorium likely to disrupt plans for billions of dollars in projects.

The Energy Department study will build on an existing analysis that underpins the agency’s review of proposals to send more natural gas to European, Asian and other countries that are not US free-trade partners. New exports are vetted on a case-by-case basis to see whether they are in the public interest — a threshold established by ...