Oil & Gas
AMERICA: TRUMP 2.0 SET TO GUT BIDEN'S ENERGY AND CLIMATE POLICIES.
Irene Jerry
Donald Trump, the most likely Republican presidential nominee, is set to overturn or at least try to dismantle many of President Joe Biden's energy and climate policies if the former president wins the November election.
The Biden Administration's methane rules, LNG export pause, EV mandates, federal oil and gas leasing, and even the Inflation Reduction Act will be all on the chopping block in a second Trump term in office.
Trump would look to boost oil, natural gas, and coal development in the United States and, once again, withdraw the U.S. from the Paris Agreement, Republican policy advisers tell Reuters.
As the Biden Administration is racing to finish environmental rules so that they cannot be unwound by either a Republican Congress or the White House,Trump's campaign and advisers are preparing to dismantle many of the energy and climate policies in the first days of a second Trump presidency.
Federal agencies are expediting unfinished rules on environmental protection to make sure they can't be gutted early next year via the Congressional Review Act, or CRA, an oversight tool Congress may use to overturn final rules issued by federal agencies, Politico reports.
The first Trump Administration used that act to gut several Obama-era federal agency rules. CRA allows Congress to overturn agency rules within 60 congressional session days of when a regulation is finalized and sent to the Capitol. This means that the deadline for finalizing the Biden Administration rules to keep them out of CRA reach could be as soon as May or June.
"It's pedal to the metal time," James Goodwin, a senior policy analyst at the liberal-leaning Center for Progressive Reform, told Politico. Advisers Line Up Trump Energy Agenda
Former officials in the Trump Administration and Republican policy consultants are already drafting blueprints of energy and climate policies for a second Trump term in office. All indications are that if Trump wins, he will make yet another U-turn in America's energy and environmental policies.
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