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Trump’s major shift in energy policy : Unleashing fossil fuels and reshaping the global energy landscape
- January 21, 2025
- Posted by: Macro Global Markets
- Category: News
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Trump plans to take a series of actions immediately after his inauguration, using emergency powers to free up U.S. domestic energy production while reversing the Biden administration’s actions to combat climate change, according to people familiar with the matter. The shift is aimed at fulfilling his campaign promise to increase domestic energy production and reorient federal government policy to support oil and gas production, in stark contrast to the Biden administration’s efforts to curb fossil fuels.
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