11/07/2024 --natlawreview
Baseline: A second Trump administration is expected to prioritize “energy dominance,” focusing on expanding oil and gas, reducing regulations, and increasing drilling, especially with Republican-led committees in Congress likely supportive of these goals.Pulse Check: Observers should not overplay the significance of a presidential change to continued transition. Clean energy sectors from energy storage to hydrogen and sustainable aviation fuel (SAF) continue to garner widespread bipartisan support. While Trump has expressed doubts about some new technologies, market forces and existing federal and state policies are expected to keep driving clean energy growth, maintaining momentum toward a diversified energy future.What to Monitor: Expect regulatory rollbacks and executive orders, likely targeting expedited pipeline permitting, offshore drilling, and lifting the liquefied natural gas (LNG) export moratorium, among other environmental reviews. As for the future of the Inflation... Read the complete article here...© 2024 Bracewell LLP