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Energy Policy Now

Energy Policy Now

Trade Policy, Markets Trump Administration's Fossil Fuel Efforts

Jun 25, 2018 · 24m

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President Trump has acted to boost fossil fuel development in the U.S. But market forces, and disruptive trade policies have more than offset the administration’s pro-oil and coal efforts. --- In his year and a half in office, President Donald Trump has acted to make good on his campaign promises to grow the U.S. oil, natural gas, and coal industries during his presidency. Trump has taken a series of actions aimed at reducing environmental oversight of fossil fuel producers and opening protected federal territory to new energy development. Yet the ability of the president, and of Washington, to open the door to new fossil energy production has its limits. Market forces—energy supply, demand…