North America
April 5, 2017
Fossil Fuels | Coal Power
Policy Brief
Energy Policy Executive Order Bolsters Fossil Fuel Industry
Oil and Gas Industry Poised for Revival, Climate Regulations Face Setback
President Trump has signed a sweeping executive order aimed to undo multiple climate regulations and agency actions that potentially burden the development of domestically produced energy resources. The most noted action of the order is a review of the Clean Power Plan, a central piece of the Obama administration’s climate agenda. The order also lifts the moratorium on federal coal leasing and calls for a review of existing regulations, including those governing hydraulic fracturing and methane emissions, which could significantly impact the oil and gas industry in the long term.
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