On March 19 the Oregon Citizens’ Utility posted a report titled, All New Energy Sources are not Green: The Down Side of LNG.
The Citizens’ Utility Board is a consumer protection organization founded by voters in 1984 through a ballot initiative. CUB has saved consumers over $3.9 billion and won important policy victories that have protected consumer privacy, the environment (particularly through our work on global warming issues) and low-income Oregonians. After following the LNG issue for years, they have released this statement of opposition:
CUB is opposed to the development of these terminals for numerous reasons. At present, there is no market need to warrant the construction of these terminals. Further, with additional investment, these terminals could be used to send domestic natural gas to the high-priced global LNG market. This international connection would therefore not serve any local energy needs, yet could significantly drive up natural gas prices. The terminals would also bring with them serious environmental dangers, while the energy benefits of the facilities would most likely go to residents of other states or foreign nations.
To read more about their position, including why LNG is a bad investment, visit their post here: http://oregoncub.org/archives/2010/03/all_new_energy.php
