US President Donald Trump signed an executive order on Wednesday that will lead to fewer regulations in the energy sector. The executive order states that "outdated regulations" will be automatically removed. This will be done by introducing a one-year statute of limitations for all existing regulations in the area, according to a fact sheet about the executive order on the White House website.
The laws that are not extended within the deadline will cease to apply by September 30, 2026, it says. According to Trump, fewer regulations will mean more innovation and greater energy production in the United States. That is why he has decided to "press the reset button," the White House writes.
- The executive order will set American energy innovation free after it has been stagnant since the 1970s.
- Legislation left over from the Carter administration should not determine energy production today. President Trump is very focused on ensuring that there is more than enough energy - rather than just energy efficiency.
Jimmy Carter was president of the United States from 1977 to 1981 and had a great focus on the United States using less energy and that energy should be more sustainable. It is not only existing legislation that Trump wants to overhaul. The president will also have expiration dates for regulations in the energy sector in the future. New legislation must be renewed no later than five years after it has been adopted, it says.
- It forces agencies to reconsider every single regulation and justify it in a contemporary context, writes the White House.
The decree is the latest in a series of measures from Donald Trump, who wants to have less strict legislation for energy production and at the same time increase both the production and use of oil and coal in the United States. On Tuesday, he signed a decree that will increase coal production. The decree orders federal agencies to remove legislation that places restrictions on coal mining and coal exports.
jel /ritzau/
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