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Trump's 'energy dominance' plan faces real-world challenges: Experts

Business Standard LogoBusiness Standard7h ago

Trump's 'energy dominance' plan faces real-world challenges: Experts - Business Standard

Quick Summary:

The new council will be granted sweeping authority over federal agencies involved in energy permitting, production, generation, distribution, regulation and transportation, with a mandate to cut bureaucratic red tape, enhance private sector investments and focus on innovation instead of totally unnecessary regulation, Trump said.

President-elect Donald Trump is set to create a National Energy Council that he says will establish American energy dominance around the world as he seeks to boost US oil and gas drilling and move away from President Joe Biden's focus on climate change.

Doug Burgum, Trump's choice to head the Interior Department will be key in Trump's pledge to drill, drill, drill" and sell more oil and other energy sources to allies in Europe and around the globe.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 12:51:04 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1169 words

Reading Time: 7 minutes read

Sentences: 40 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23939550

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 285 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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