Promoting Energy Independence and Economic Growth

What it means

Orders a review of regulations that may hinder domestic energy production, with agencies required to identify and revise or rescind burdensome rules. Rescinds Obama-era climate policies and orders the EPA to review the Clean Power Plan.

Expected impact

• Increased development of domestic energy resources, particularly fossil fuels
• Potential economic growth and job creation in energy sectors
• Possible reduction in regulatory compliance costs for energy companies
• Likely rollback of specific climate change policies and greenhouse gas regulations
• Resumption of federal coal leasing activities previously under moratorium