Building out fossile fuel production shifts oil revenue from various dictatorships around the world to the US in this case. That's a good thing. I wish we in Europe produced more gas ourselves instead of being highly dependent on other countries.
This does not mean higher gas demand, which is what matters for CO2 reduction.
The $1B were a refund. Net exchange ~$0.
Building out fossile fuel production shifts oil revenue from various dictatorships around the world to the US in this case. That's a good thing. I wish we in Europe produced more gas ourselves instead of being highly dependent on other countries.
This does not mean higher gas demand, which is what matters for CO2 reduction.