'There’s no shortage of investment capital and willingness to develop more renewables. The hurdle now is just moving that power.' From _e_delger
of liquified natural gas this year—enough to replace all the liquified gas that Europe imported from Russia in 2021.
Texas’s energy industry is diverse. Houston has started calling itself the energy transition capital of the world, rather than just the energy capital. The U.S.—and Texas specifically—has the cost advantage, the experience, the infrastructure, the brainpower, etc. to get that gas out of the ground, move it to the coast and liquefy it, and get that to Europe fairly quickly. This process of exporting more gas was already underway, and the war is supercharging it. We’re seeing more and more interest in investment in LNG exports. You can see that in the share prices of the companies that are doing it.
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