Alaska LNG will revolutionize the Alaska economy, allowing domestic use of Alaska's natural gas resources while developing liquefied natural gas ("LNG") processing facilities so natural gas can be exported. People across the state will benefit, both directly and from multiplier effects through the economy.
After agreeing not to support any new fossil fuel investments with public dollars after 2022, the G-7 has backtracked and decided to facilitate development of liquified natural gas (LNG) infrastructure. The G-7 provides a forum for leaders of the seven nations with the largest developed economies (as well as the European Union as a non-enumerated member) to discuss key issues and policies. Although this action is regarded as quite controversial by many, it's the right move at a critical time.