Trump's National Energy Council: A New Dawn for U.S. Energy Dominance
President-elect Donald Trump announced the creation of a National Energy Council to boost U.S. energy production. Led by North Dakota Governor Doug Burgum, the council aims to cut regulations, enhance private investments, and focus on innovation. The initiative seeks to expand energy output, create jobs, and reduce costs.
President-elect Donald Trump revealed plans on Friday for a National Energy Council aimed at amplifying U.S. energy output through regulatory reduction and innovation. Designated to lead this council is North Dakota Governor Doug Burgum, Trump's appointee for interior secretary.
This strategic body will function with the dual role of participating in the National Security Council. Trump's administration targets U.S. energy dominance by dismantling unnecessary regulations, promoting private sector investments, and nurturing innovation.
The announcement aligns with Burgum's appointment as interior secretary, a position responsible for overseeing policy for vast federal and tribal lands. The council will integrate federal departments to streamline energy regulation and facilitate permits while supporting emerging technologies and reducing electricity costs.
(With inputs from agencies.)
ALSO READ
Rethinking Regulations for the Gig Economy: Ensuring Protections in a Flexible Job Market
Sebi Proposes Overhaul in Securitization Regulations
Sebi Proposes New Regulations to Boost REITs and InvITs
Delhi Tightens Reins on Financial Frauds with New Regulations
A Protest Unveiled: Inside Tehran's Struggle with Dress Regulations