Liquified natural gas (LNG)

Natural gas company backs carbon tax that would cost it millions

Tellurian Founder Charif Souki
Tellurian co-founder Charif Souki. Photo by Anthony Harvey/Getty Images

HOUSTON — A carbon tax would cost natural gas export company Tellurian Inc. hundreds of millions of dollars, but the company's founder is still backing the policy.

Driving the news: The Houston-based company has done internal modeling showing projected costs on its operations from a carbon tax, which at roughly $200 million a year would be “significant,” says co-founder Charif Souki. Tellurian announced last week it was donating $2 million to Columbia University’s Center on Global Energy Policy to research a carbon tax and related policies.

Natural gas exec: Trump team was slow on export permits

Charif Souki, founder, Tellurian Inc.
Tellurian co-founder Charif Souki. Photo: Anthony Harvey/Getty Images

A top natural gas executive, Charif Souki, praised the Trump administration’s rhetoric supporting natural gas but chided it for being slow out of the gate in approving permits to export the fuel.

The big picture: Rhetoric matters, but action matters more, and here President Trump has actually been slower than his predecessor.

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