American billionaires bankrolled an activist campaign targeting liquefied natural gas (LNG) export terminals that influenced the White House’s decision to pause new and pending approvals for the projects, according to The Wall Street Journal.
The philanthropic organizations of the Rockefeller family and Democratic megadonor Michael Bloomberg cumulatively provided millions of dollars to activists who pressured Biden administration officials to crack down on LNG export hubs over the past several years, according to the WSJ. The activists ultimately got their way on Jan. 26, when the White House announced that the administration would pause new project approvals as the Department of Energy (DOE) widens the scope of its reviews to include climate impacts of LNG export terminals alongside considerations like national security and economic benefits.
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