Fwd: Liquefied Natural Cash

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Jul 8, 2025, 10:00:10 PMJul 8
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Action necessary 

---------- Forwarded message ---------
From: Bob Donnan <donnanl...@yahoo.com>
Date: Tue, Jul 8, 2025, 6:56 AM
Subject: Liquefied Natural Cash
To:


This just in…

“Friends,

You are receiving this email because you previously expressed concern about the New Fortress Energy LNG project and shipment of massive, explosive quantities via rail or truck through our communities.

 

I. LNG by rail is back as a concern. As you know, the Trump administration has a policy of “energy dominance”—that means LNG exports – among other executive orders to promote fossil fuel development. The reconciliation bill has new tax breaks for gas extraction.

 

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Images from the archives

 

In response to Trump’s several executive orders, PHMSA has opened comments on whether stakeholders want to move LNG by rail. If there is enough industry interest, the agency will move forward with rulemaking to legalize LNG by rail.

 

A brief history: As you recall, the first Trump administration passed a rule (LNG-by-Rail rule) to commence shipping LNG by rails, ending the long-standing ban on moving LNG by rail.

This rule change was despite vast opposition from fire, safety, and emergency response professionals who commented. Many of you submitted comments or signed petitions.

Then, the Biden administration suspended the LNG-By-Rail rule.

Ultimately, the D.C. Circuit Court vacated the LNG-by-Rail rule, “in its entirely,” and remanded it back to the Pipeline and Hazardous Materials Safety Administration (PHMSA). PHMSA just published the official repeal in the Federal Register on June 23. You can read it here. https://www.regulations.gov/document/PHMSA-2018-0025-0641

 

BUT, note that, at the same time the Federal Register is formalizing that the LNG-by-rail rule is vacated, it is telling the reader that they can comment to bring it back, under new proposed rulemaking, “Hazardous Materials: Mandatory Regulatory Reviews to Unleash American Energy and Improve Government Efficiency.”

 

Here we are: The administration has now reopened the door to LNG shipment by rail. PHMSA has published an Advance Notice of Proposed Rulemaking (ANPRM) that seeks “stakeholder” input on several regulations, including LNG by rail.

https://www.federalregister.gov/documents/2025/06/04/2025-10091/hazardous-materials-mandatory-regulatory-reviews-to-unleash-american-energy-and-improve-government

If there is enough of a response from industry that they want to transport LNG by railcar, we will next see a rulemaking to make it happen.

 

Please comment no later than August 4. Anyone can comment. Many of these federal documents get thousands of comments. You can say much or little. Your voice matters.

 

Ways to comment.

1. Delaware Riverkeeper Network issued an action alert with details and talking points. They are planning a webinar late July. Sign-up for email alerts with Delaware Riverkeeper Network.

https://delawareriverkeeper.org/comment-to-stop-lng-transport-by-rail/

 

2. Better Path Coalition has developed an easy form from which you can select points to compose your comment. Their EZ form will send the comment to PHMSA. What could be easier!

https://docs.google.com/forms/d/e/1FAIpQLScyBBijo0E7c4qdKNnkWvRLp2f7FI8GlDvlt2TjjWrz0TCf3g/viewform

 

3. Comment directly to the feds via their website.

https://www.regulations.gov/document/PHMSA-2025-0050-0001

 

Only your name will show, unless you select “anonymous”.  Your contact information will not be displayed on the website.

 

You can see everyone’s comments to date if you want to see what others are saying.

You will see my comments there.

 

You can be as brief as, Please, keep the ban in place for LNG by rail transport.

 

We need many more comments by August 4.

 

Thank you for standing up for the safety of your community!

 

=========================================

 

II.  An update on the status of NFE

The bottom line: NFE has significant debt to work through, that they and their accountants have acknowledged. There is uncertainty that they will be able to meet payments obligations.

 

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Link to full report shown at bottom of this email

 

See all recent filings here

https://ir.newfortressenergy.com/financial-information/sec-filings

In particular, see the 2025 10-K/A Amendment to a previously filed 10-K

https://ir.newfortressenergy.com/node/10006/html

·         Be sure to scroll more than halfway down to see the statements of the auditors, about “going concern”.

·         What I can’t figure out is why a “New Notes” issuance is using Bradford County Real Estate Partners as collateral. See page F-41

 

There have been several articles this past June.

https://www.bloomberg.com/news/articles/2025-06-13/creditors-to-new-fortress-energy-organize-amid-bond-price-slump

 

https://www.msn.com/en-us/money/economy/new-fortress-energy-plunges-as-creditors-reportedly-organize-amid-sliding-bond-prices/ar-AA1GFNhW

 

==========================================

 

III. Repurpose of the site.

Early in June, when the NFE debt issue became public, we reached out by email to several solar companies to encourage them to take a look at the property in Wyalusing Township, because now might be a good time to make an offer.

 

Uslightenergy, Mn8energy Pivotenergy   ; Doral  ;  Lodestar   ;  Siliconranch ; Vesperenergy  ; New Leaf; Nexteraenergy;  Invenergy; Cprenewables;  Invenergy  ; Ceprenewables       

 

Then, a representative from Doral reached out to us. I provided what information I could.

 

If you know of any solar developers, encourage them.

Really – Let’s put this zombie to rest!

 

Diana Dakey dda...@comcast.net

# # #

PDF’s FROM THE ARCHIVES ARE ATTACHED:

“December 2024 Energy, Economic, and Environmental Asessment of U.S. LNG Exports
“The scenarios explored in this study span a range of U.S. LNG export outcomes. Each scenario relies on input assumptions regarding many domestic, international, economic, and non-economic factors, such as future socioeconomic development, technology and resource availability, technological advancement, and institutional change.”

The greenhouse gas footprint of liquefied natural gas (LNG) exported from the United States by Robert W. Howarth | September 2024
“Upstream and midstream methane emissions are the largest contributors to the LNG footprint (38% of total LNG emissions, based on GWP20). Adding CO2 emissions from the energy used to produce LNG, total upstream and midstream emissions make up on average 47% of the total greenhouse gas footprint of LNG. Other significant emissions are the liquefaction process (8.8% of the total, on average, using GWP20) and tanker transport (5.5% of the total, on average, using GWP20).”

ALSO SEE: 'Liquefied Natural Cash' report from Friends of the Earth – Feb 2023
https://foe.org/wp-content/uploads/2023/02/Liquified_Cash_Report_2023_v6.pdf

# # #

 

STILL LOOKING TO BUY AN ELECTRIC VEHICLE? BETTER HURRY UP THEN!

Congress Passes Trump's 'Big Beautiful Bill,' Setting Up Federal EV Tax Credit to End September 30

Electric vehicle buyers will soon be out of luck when it comes to federal subsidies.

https://www.roadandtrack.com/news/a65291701/federal-ev-tax-credit-end-trump-tax-bill/

By Emmet White | Road & Track | July 3, 2025

The final version of the bill will eliminate the $7500 electric vehicle tax credit by September 30, the core of which was initially implemented in 2008 and then revised into popularity in 2023 by the Inflation Reduction Act. Similarly, the spending bill is set to remove the $4000 credit for buying a used EV, too.

SUN CHEVROLET IN MCMURRAY, PA HAS SOME DEALS

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Silverado EVs seen on their sales lot last week… but have they been sold?

# # #

 

FULL STORY FROM AN EARLIER EMAIL:

A change in the Southern Ocean structure can have climate implications

https://www.icm.csic.es/en/news/change-southern-ocean-structure-can-have-climate-implications

July 1, 2025 | Institut de Ciències del Mar (CSIC)

Satellite data processing algorithms developed by ICM-CSIC have played a crucial role in detecting this significant shift in the Southern Hemisphere, which could accelerate the effects of climate change.

Thanks to data obtained from Earth observation satellites, an international team of scientists has detected an unprecedented phenomenon for the first time: a change in the state of the Southern Ocean. The study, led by the University of Southampton (United Kingdom), was recently published in the journal PNAS. The Institut de Ciències del Mar (ICM-CSIC) played a fundamental role in the research by developing a set of pioneering satellite observations within the framework of the SO-FRESH project, funded by the European Space Agency (ESA).

The study’s main finding is both surprising and alarming: since 2016, a sustained increase in surface salinity has been detected across the Antartic Circumpolar Current. That change in water composition suggests a change in the balance of the components the ocean circulation in the Southern Hemisphere. Fresher surface water close to the sea ice edge is being replaced by more saline waters.

“We are witnessing a true change in ocean properties in the Southern Hemisphere—something we’ve never seen before. Climate models predict freshening of surface wàters in the Southern Ocean, while we observe the opposite, an increase in salinity” explains Antonio Turiel, ICM-CSIC researcher and co-author of the study. “While the world is debating the potential collapse of the AMOC in the North Atlantic, we’re seeing that the Southern Ocean is drastically changing, as sea ice coverage declines and the upper ocean is becoming saltier. This could have unprecedented global climate impacts.”

According to the research team, the consequences of this reversal (freshening to salinification) are already becoming visible. Saltier Surface waters can drive enhanced Exchange with deep, warmer waters, driving enhanced upward heat flux and the accelerated melting of sea ice in the Southern Ocean, potentially releasing CO2.

This discovery was made possible thanks to a key technical breakthrough developed by the Barcelona Expert Center (BEC), a laboratory of ICM-CSIC specialized in satellite ocean observation. Until now, the Southern Ocean region was virtually inaccessible to satellites due to its low temperatures and the complex, ever-changing dynamics of sea ice. As a result, the BEC team developed a new data processor for the European SMOS satellite, tailored to the geographical and climatic variability of the polar environment.

“The new processor has allowed us to obtain surface salinity data of unprecedented quality in this region,” explains Verónica González. “Thanks to this improvement, we can now provide a coherent explanation for the rapid Antarctic sea ice loss that had puzzled the scientific community.”

The study not only provides a key piece in the climate change puzzle, but also redefines the role of the Southern Ocean in the global climate system. The Southern Ocean plays an essential role in regulating the planet’s heat and carbon. Its disruption could trigger cascading effects on other circulation systems such as the AMOC, with potential consequences for the climate in Europe and other regions.

Aware of the urgent need to better understand these processes, BEC has launched two new ESA-funded projects in 2025: ARCTIC-FLOW, focused on the study of freshwater and density fluxes in the Arctic Ocean, and the climate change initiative CCI OSHF (Ocean Surface Heat Flux), dedicated to analyzing heat flux at the ocean surface. Both projects aim to develop new satellite methodologies that will be key to monitoring, understanding, and anticipating the effects of accelerated climate change.

“The planet is sending us increasingly clear signals that we are crossing critical thresholds,” concludes Estrella Olmedo. “And in this case, it has done so from a remote corner of the world that is very difficult to monitor: the Southern Ocean. Thanks to satellites and cutting-edge observation tools, we can now see what was once invisible.”

The Institut de Ciències del Mar (ICM) is the fourth largest research institute of the Spanish National Research Council (CSIC) and the largest dedicated to marine research. Under the motto “Ocean Science for a Healthy Planet,” the ICM conducts frontier research and foster both knowledge and technology transfer on topics related to ocean and climate interactions, conservation and sustainable use of marine life and ecosystems, and impact mitigation of natural and anthropogenic hazards. In-depth knowledge, determined action, and coordinated management are essential to confronting these global challenges, thereby driving sustainable development of humankind.

# # #

 

LNGUpdate_SummaryReport_Dec2024_12pm.pdf
Energy Science Engineering - 2024 - Howarth - The greenhouse gas footprint of liquefied natural gas LNG exported from.pdf
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