Trump would enable new oil and gas development on federal lands, while directing a rollback of Biden-era climate regulations, said the people in the know.
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President-electDonaldTrumpispoisedtoinvokeemergencypowersaspartofhisplantounleashdomesticenergyproductionwhileseekingtoreversePresidentJoeBiden’sactionstocombatclimatechange,accordingtopeoplefamiliarwiththematter.
ThemoveissettobeamonganarrayofactionsTrumpwilltake—startinghoursafterhe’ssworninonMonday—todeliveroncampaignpromisestoboostdomesticenergyoutput.Thepresident-electispreparedtocompelpolicyshiftsthatwouldenablenewoilandgasdevelopmentonfederallands,whiledirectingarollbackofBiden-eraclimateregulations,saidthepeoplewhoaskednotbenamedduetotheconfidentialityoftheinformation.
Whilemanyoftheexecutiveactionswillsimplykickoffalengthyregulatoryprocess,they’resettotouchthefullspectrumoftheUSenergyindustry,fromoilfieldstocardealerships.TheyalsounderscoreTrump’sdeterminationtoreorientfederalgovernmentpolicybehindoiland gasproduction,asharppiv
