US threatens to cut gas supplies to Europe over methane rules | The latest National and International News - upday News
US Energy Secretary Chris Wright has warned the European Union that American gas supplies will be redirected to other markets if the bloc refuses to ease its regulations on methane emissions. The warning comes as EU energy ministers prepare to discuss the contentious rules at a meeting in Luxembourg on Friday, and as Europe remains heavily dependent on US liquefied natural gas since cutting Russian supplies following the 2022 invasion of Ukraine. | The latest National and International News - upday News
US Energy Secretary Chris Wright has warned the European Union that American gas supplies will be redirected to other markets if the bloc refuses to ease its regulations on methane emissions. The warning comes as EU energy ministers prepare to discuss the contentious rules at a meeting in Luxembourg on Friday, and as Europe remains heavily dependent on US liquefied natural gas since cutting Russian supplies following the 2022 invasion of Ukraine. Wright toldBloombergon the sidelines of a conference in New York: «Without a meaningful reform of that rule, it is going to cause serious pain into Europe and that's unnecessary. » He added: «It's not a matter of escalation. Our energy will flow. It'll just flow somewhere else. »The US and Qatar have also sent an official letter to the European Commission warning that the bloc's proposed directive on sustainable development due diligence threatens Europe's energy security. The letter, signed by Wright and Qatar's Energy Minister Saad Sherida Al-Kaab, warns the directive would damage the EU and its citizens through higher energy and raw material prices while impeding investment and trade. Methane at the CenterMethane regulations have become a flashpoint between the US and EU. The bloc has made tackling methane—a greenhouse gas with greater warming potential than carbon dioxide—a key pillar of its climate goals. But the US has warned that the rule's complexity and prospect of fines would jeopardize trade. EU Energy Commissioner Dan Jorgensen has vowed to resist pressure from the US and other LNG exporters to revise the rules. Exporters have complained that tracking methane in America's complex system of different production basins is challenging, and that the threat of fines for noncompliance is holding back new contracts. You may also likeRead more from ukTrump cancels housing bill signing with 90 minutes' notice, demands election reform firstUS President Donald Trump refused to sign a bipartisan housing bill on Wednesday, demanding Congress first pass his proposed election reform legislation. The move canceled a planned signing ceremony with just 90 minutes' notice and deepened tensions with his own party ahead of November's midterm elections. Agility Robotics goes public with $2. 5bn valuation as first humanoid-focused company on US exchangeAgility Robotics is going public through a merger with a special-purpose acquisition company, valuing the humanoid robot maker at around $2. 5 billion. The Oregon-based startup behind the bipedal Digit robot will become the first humanoid-focused company to list on a US stock exchange, trading under the ticker symbol AGLT. 40. 3°C in Paris, iconic landmarks shut - Europe's killer heatwave claims more livesA record-breaking heatwave has gripped Western Europe, forcing the closure of iconic landmarks as temperatures soar to unprecedented levels. France, Italy, Spain, and the United Kingdom are experiencing some of the hottest conditions ever recorded, with red heat warnings issued across multiple countries and millions of people at risk. OpenAI takes on Nvidia with Jalapeño, its first chip built from scratch for AIOpenAI has developed its first custom artificial intelligence chip in partnership with semiconductor giant Broadcom, marking a major step toward reducing its dependence on external chip manufacturers. The chip, named Jalapeño, is specifically designed for AI inference – the process where models like GPT-5. 5 process information to deliver real-time responses to users. Policy DivideWright's position is starkly different from that of the Biden administration, which launched a "Global Methane Pledge" alongside the EU in 2021 to cut emissions by at least 30% by 2030 from 2020 levels. The divergence in climate policies—with the US now pledging to boost fossil fuel production—represents a point of tension in the transatlantic relationship. EU energy ministers will address the methane regulation when they meet in Luxembourg on Friday. Note: This article was created with Artificial Intelligence (AI).