Trump's Energy Policies: A Double-Edged Sword for Oil and Clean Energy

TL;DR Summary
The American Petroleum Institute has released a five-point plan urging the incoming Trump administration to repeal several Biden-era climate policies, including tailpipe and fuel economy standards, restrictions on drilling, and a methane emissions fee. The plan, which coincides with the UN climate conference, aims to boost oil and gas production but has drawn criticism from environmental groups for undermining efforts to combat climate change. The API's proposals could face legal challenges and require Congressional action for full implementation.
Topics:business#american-petroleum-institute#climate-policy#environment#methane-emissions#oil-industry#trump-administration
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- How Trump policies may boost and burden energy stocks and crude oil, all at the same time CNBC
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