Findings2

• Exxon executive says U.S. LNG could supply about 30% of global market by 2030

  Newsquawk reported an Exxon executive’s projection that U.S. LNG supply could grow to roughly 30% of global LNG supply by 2030, indicating the company sees significant expansion potential in U.S. liquefied natural gas markets. The comment signals Exxon’s view of future market share dynamics for LNG and underscores the company’s strategic emphasis on the business line.

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• Federal judge blocks New York’s Climate Change Superfund Act targeting fossil fuel firms

  A federal judge ruled New York’s Climate Change Superfund Act unconstitutional and barred its enforcement, a law that would have required large fossil-fuel companies including ExxonMobil to pay into a $75 billion climate adaptation fund. The decision removes an immediate state-level liability threat to Exxon and other oil companies and could affect similar municipal/state climate litigation strategies.

  via TabTab1d ago·Source

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