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What are the risks of US-Japan LNG deals for climate goals?
Long-term LNG contracts can delay the transition to renewable energy by locking countries into fossil fuel infrastructure. This may increase greenhouse gas emissions and make it harder to meet climate targets set by international agreements.
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How do fossil fuel exports impact global energy security?
Relying heavily on fossil fuel exports can create geopolitical vulnerabilities and market instability. Countries may become dependent on imported fuels, which can be affected by political tensions, market fluctuations, and supply disruptions.
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Are countries locking into long-term fossil fuel contracts?
Yes, many Asian countries, including Japan, Vietnam, and Thailand, are signing long-term contracts to import US LNG. While these agreements provide energy stability, they also risk entrenching fossil fuel reliance for decades to come.
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What are the long-term implications of LNG expansion?
Expanding LNG infrastructure may boost short-term energy supply and economic growth, but it could also hinder progress toward renewable energy goals. Over time, stranded assets and market shifts could make these investments less viable.
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Could these LNG deals affect global climate commitments?
Yes, increased LNG production and consumption can lead to higher emissions, making it more challenging for countries to meet their climate commitments under international accords like the Paris Agreement.
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What alternatives exist to LNG for energy security?
Renewable energy sources such as wind, solar, and green hydrogen offer cleaner, more sustainable options. Investing in energy efficiency and diversification can also reduce reliance on fossil fuels and improve resilience.