According to the latest news from Reuters, informed sources revealed that President-elect Trump's transition team is developing a comprehensive energy plan, which will be launched within days of Trump's inauguration.
The plan includes approving export licenses for new liquefied natural gas (LNG) projects and increasing oil drilling on U.S. coastal and federal lands. Additionally, Trump plans to repeal some key climate legislation and regulations from the Biden administration, such as tax credits for electric vehicles.
According to U.S. media reports, Trump's team has provided a timeline for resolving the Russia-Ukraine conflict. On the 24th local time, Trump's appointed next National Security Advisor Mike Waltz stated that Trump is very concerned about the escalation of the Russia-Ukraine conflict and hopes to end it through negotiations.
The new Trump administration will begin addressing the Russia-Ukraine conflict starting next January.
For detailed reporting! Developing a comprehensive energy plan. On November 25 local time, Reuters reported that two informed sources revealed that Trump's transition team is ready to launch a comprehensive energy plan within days of Trump's inauguration, which will approve export licenses for new liquefied natural gas (LNG) projects and increase oil drilling on U.S. coastal and federal lands. Sources said Republican Trump also plans to repeal some key climate legislation and regulations from the Biden administration, such as tax credits for electric vehicles and new clean power plant standards aimed at phasing out coal and natural gas.
Reports suggest an early priority will be to lift Biden's suspension on new liquefied natural gas (LNG) export licenses in an election year and quickly approve pending licenses. Sources said Trump will also seek to accelerate drilling permit approvals on federal lands and quickly restart the five-year drilling plan off the U.S. coast to include more leasing sales. To gain support from environmentalists and green groups, Biden suspended the issuance of new LNG export licenses at the beginning of the year to study their environmental impact. Environmentalists welcomed Biden's decision, arguing that LNG exports not only pollute communities, exacerbate the climate crisis, but also raise energy prices for American households and businesses. Without export licenses, developers cannot proceed with new project construction plans.
Affected projects include Venture Global's CP2, Commonwealth LNG, and Energy Transfer's Lake Charles, all located in Louisiana. The U.S. is the world's largest natural gas producer and became the largest LNG exporter in 2022. Sources said the Biden administration has committed to releasing the environmental study report before Trump takes office on January 20, but this will not impact the new administration.
A source said: "The liquefied natural gas issue is an outstanding issue, and Trump plans to take a tough stance on it." Trump will also seek to accelerate drilling on U.S. coastal and federal lands. According to federal data, during the first three years of the Biden administration, the average time to complete drilling permits on federal and Indian lands was 258 days, longer than the 172 days during Trump's presidency. Sources said Trump is expected to expedite the approval of pending permits.#BabyMarvinf9c7您拥有您值得 