David Victor Quoted in San Diego Union-Tribune
Sempra doesn
02/17/2010
Onell R. Soto,
San Diego Union-Tribune
It sounds like bad timing.
Just as San Diego-based Sempra Energy brings two expensive liquefied natural gas importation plants on line, energy prices have fallen because of lowered demand and increased supply.
That has meant that a third LNG plant the company has proposed in Texas is on hold — and may be sold.
Natural gas is used for cooking, heating, electricity production and chemical manufacturing. The United States is the No. 1 user in the world. A few years ago, it appeared that supplies here were dwindling.
Sempra’s response was to get into LNG — ordinary natural gas that has been cooled to 260 degrees below zero and takes up 600 times less space than at room temperature.
Read the full article and see David Victor's comments here.
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David Victor is director of the Laboratory on International Law and Regulation, based at the School of International Relations and Pacific Studies.
Click here to visit David Victor's website.
