The Big Beautiful Bill Will Foster American Energy Dominance and Ensure Grid Stability
The Big Beautiful Bill Will Foster American Energy Dominance and Ensure Grid Stability
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During his first term and throughout his 2024 campaign, President Donald Trump focused on unleashing American energy dominance.
On Feb. 14, Trump established the American Energy Dominance Council, “to achieve energy dominance by improving the processes for permitting, production, generation, distribution, regulation, and transportation across all forms of American energy.”
Unlike his predecessor, Trump supports common-sense energy policy that ensures Americans have access to reliable, affordable, and abundant energy.
More importantly, Trump is a climate realist who understands that it is literally impossible to immediately transition to so-called green energy while simultaneously eliminating the mass use of fossil fuel energy sources.
As president, there is only so much Trump can do on his own with executive orders and other actions to push forward his drill-baby-drill agenda. What’s more, almost all of Trump’s pro-energy executive actions can be undone by a future president.
Fortunately, the reconciliation bill, which was recently passed by the House of Representatives and is now working its way through the Senate, would codify fundamental elements of Trump’s American energy dominance agenda into law.
According to Anne Bradbury, CEO of the American Exploration and Production Council, “This legislation takes decisive steps towards improving our nation’s energy landscape by repealing the Biden-era [methane] tax, unlocking oil and gas development on federal lands, and alleviating regulatory pain points that have stymied the build out of American energy.
“Passing this bill is essential to secure America’s energy dominance through smart, durable reforms.”
In general, the energy provisions of the “One Big Beautiful Bill” focus on two main things: undoing many of the crony capitalist green-energy scams that were passed under the Inflation Reduction Act and reforming the federal permitting process for energy infrastructure projects.
As many Americans now know, the Inflation Reduction Act, signed into law by President Joe Biden in 2022, should have been called the Green New Deal.