Calcasieu Pass LNG : pourquoi la politique climat d’AXA est insuffisante

Reclaim Finance criticizes AXA for insuring the Calcasieu Pass LNG terminal in Louisiana, arguing that this contradicts AXA's stated commitments to reduce support for shale gas. The document highlights the terminal's significant local pollution, its role in global methane emissions, and the contradiction in AXA's policy of refusing to insure shale gas production while insuring the export terminals that process it.

• The Calcasieu Pass LNG terminal, owned by Venture Global, exports approximately 10 million tonnes per annum (mtpa) of LNG and cost nearly 10 billion dollars. Plans for the CP2 expansion could increase liquefaction capacity to nearly 30 mtpa.
• Calcasieu Pass LNG has a history of severe local environmental and social impacts, including routine flaring during its first 90 days of operation, 140 air quality violations in 2022, and a dredging incident in August 2025 that harmed local fishers' livelihoods.
• The expansion of LNG terminals globally poses a threat to the 2050 carbon neutrality goal, with over 60 new terminals potentially emerging by 2030 that could emit up to 10 Gt of CO2e, including 150 Mt of methane.
• AXA's climate policy is described as inconsistent because it restricts insurance for companies heavily involved in shale gas production (those with over 30% production from shale) but continues to insure LNG terminals like Calcasieu Pass and Freeport LNG, which are fed by shale gas.
• Evidence indicates that Calcasieu Pass LNG is supplied by shale gas from the Permian Basin, the second-largest shale gas producing area in the United States.

APA

Manickawasagar, A. (2025). Calcasieu Pass LNG : pourquoi la politique climat d’AXA est insuffisante. Reclaim Finance. https://reclaimfinance.org/site/2025/11/20/calcasieu-pass-lng-pourquoi-la-politique-climat-daxa-est-insuffisante/

Chicago

Manickawasagar, Aatiraï. Calcasieu Pass LNG : pourquoi la politique climat d’AXA est insuffisante. Reclaim Finance, 2025. https://reclaimfinance.org/site/2025/11/20/calcasieu-pass-lng-pourquoi-la-politique-climat-daxa-est-insuffisante/.

Wikipedia

{{cite press release |last1=Manickawasagar |first1=Aatiraï |title=Calcasieu Pass LNG : pourquoi la politique climat d’AXA est insuffisante |publisher=Reclaim Finance |date=20 November 2025 |url=https://reclaimfinance.org/site/2025/11/20/calcasieu-pass-lng-pourquoi-la-politique-climat-daxa-est-insuffisante/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{manickawasagar2025calcasieu, author = {Manickawasagar, Aatiraï}, title = {{Calcasieu Pass LNG : pourquoi la politique climat d’AXA est insuffisante}}, publisher = {Reclaim Finance}, year = {2025}, month = nov, url = {https://reclaimfinance.org/site/2025/11/20/calcasieu-pass-lng-pourquoi-la-politique-climat-daxa-est-insuffisante/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }