Donald Trump to declare national energy emergency on Day 1; here's what it is and how it will impact you
Donald Trump prepares to take office for his second term, one of his most immediate actions is set to be the declaration of a national energy emergency. This declaration is part of his broader strategy to reduce energy costs significantly and ramp up domestic energy production. Trump's commitment to declare a national energy emergency stems from his promise to cut electric and gasoline prices by 50% within his first year.
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During a rally in August, he stated, “From day one, I will greenlight new drilling operations, pipelines, refineries, power plants, and reactors, while we will eliminate unnecessary regulations”. This bold move will have potential ramifications for consumers, businesses, and the environment. Here's a breakdown of what this declaration might entail and how it could impact you:
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What is an Energy Emergency?
While presidents have broad discretion to declare emergencies under federal law, there is no clear definition of what constitutes an «energy emergency.» However, experts say Trump likely plans to invoke existing authorities related to energy production and supply. A national energy emergency declaration would allow President Trump to leverage executive powers to expedite
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