Trump to Declare National Energy Emergency, Release $1 Billion in Aid to Reverse Biden's Climate Policies

Jan 20, 2025, 03:51 AM

President-elect Donald Trump is set to declare a national energy emergency upon taking office, a move aimed at unlocking new powers to boost domestic energy production. This declaration is part of Trump's broader strategy to increase oil and gas development on federal lands and to reverse climate regulations implemented during the Biden administration. The action is expected to be among the first taken by Trump, reflecting his campaign promises to enhance energy output and reduce energy costs for consumers. Additionally, the declaration will release $1 billion in aid to support the initiative, directly countering Biden's actions to combat climate change.