๐๐๐๐ฉ ๐๐๐ช๐๐๐ฉ ๐ข๐ฎ ๐๐ฉ๐ฉ๐๐ฃ๐ฉ๐๐ค๐ฃ?
Trump is set to return to the White House, bringing his "America First" approach to energy policy, prioritizing fossil fuel production, deregulation, and energy independence.
๐๐๐ฎ ๐๐ฉ ๐ข๐๐ฉ๐ฉ๐๐ง๐จ?
Energy legislation and policy from Bidenโs administration now face the possible revision of either their application or underlying directives. A few examples:
โขย ย The ~$2 Trillion of bills that influence and support energy were passed under Biden: the Inflation Reduction Act (IRA), the Bipartisan Infrastructure Law (BIL) & the CHIPS and Science Act. Will there be any amendment to these bills or how they are implemented?
โขย ย The EPAโs new standards for power plant emissions, passed in April 2024, which aims to reduce power sector carbon emissions by 90% through carbon capture technologies. This negatively impacts the use of natural gas for baseload power needed serve AI and ensure grid reliability. Does this change in support of natural gas?
โขย ย State Primacy for Class VI Wells: States with primacy can tailor the permitting process to their specific geologic and regulatory contexts, potentially expediting project approvals and fostering local expertise in COโ sequestration. States like Texas, West Virginia and Arizona are seeking primacy, while North Dakota, Wyoming and Louisiana already have it. Will States get a greater say in energy related policy making?
What do you predict will be the most significant shifts in energy under Trump?