President-elect Donald Trump is expected to invoke emergency powers upon taking office to accelerate U.S. energy production, including reversing key Biden-era restrictions on oil and gas drilling. The move aims to boost energy output and challenge climate-related regulations.
As President-elect Donald Trump prepares to return to the White House on Monday, he is expected to quickly activate emergency powers aimed at boosting U.S. energy production, according to multiple U.S. media outlets citing sources close to Trump.
Reports suggest that Trump plans to declare a national energy emergency immediately after his inauguration, which would include reversing the federal land and offshore oil and gas drilling bans imposed by President Biden.
In early January, Biden implemented a permanent ban on new offshore oil and gas exploration in certain U.S. coastal waters.
The incoming administration is also expected to challenge several Biden-era climate regulations, although sources have not disclosed specific details. Additionally, Trump may revise policies related to electric vehicles (EVs), potentially cutting funding for transition technologies, including subsidies for EVs.
During his campaign in late October, Trump promised to use "emergency powers to allow countries, entrepreneurs, and wealthy individuals to build large-scale plants, including AI plants," emphasizing the need for "double the energy we already have."
Read next
07:40
President Trump has unveiled plans to rebuild and reopen Alcatraz prison to detain America’s most dangerous criminals, calling it a return to a time when the country dealt more firmly with lawlessness.
08:05
trade war
In a recent interview with Time, President Donald Trump reaffirmed his stance on high tariffs, stating that they could remain in place for the foreseeable future, even suggesting that a “total victory” would mean import taxes as high as 50% within a year.
03:00
call with Trump
Mexican President Claudia Sheinbaum on Thursday praised a recent phone call with U.S. President Donald Trump, highlighting an agreement aimed at improving the trade balance between the two nations.
01:00
2026 budget
U.S. President Donald Trump is set to release his fiscal year 2026 budget on Friday, which will be sent to Capitol Hill for review, Axios reported on Thursday.
06:06
Donald Trump said talks between his envoy and Vladimir Putin made major progress toward ending the Ukraine war, urging Kyiv and Moscow to meet face-to-face.
What is your opinion on this topic?
Leave the first comment