Elected US President, Donald Trump
US President-elect Donald Trump is reportedly preparing to use emergency powers as part of a plan to ramp up domestic energy production and roll back President Joe Biden's climate policies, according to two sources familiar with the matter cited by Bloomberg.
Trump plans to take this step as part of a series of measures to be announced within hours of his inauguration on Monday, fulfilling his campaign promises to expand domestic energy output, the sources said.
This move highlights Trump’s resolve to overhaul federal policies on oil and gas production, signaling a sharp shift from Biden’s efforts to curb fossil fuel use. However, the specifics of how emergency powers will be employed remain unclear.
During his campaign, Trump vowed to declare a national energy emergency, arguing that it is essential for increasing production and addressing the rising demand fueled by the growing use of artificial intelligence.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}