2024 Post-Election Analysis: Energy & Sustainability

In the month since the presidential election, some things are starting to become clearer though many questions remain.

What Can Be Expected on Day 1

President-elect Donald Trump has made it clear that on Day 1 he plans to immediately reverse pauses on all liquified natural gas (LNG) export permits to accelerate oil and gas production and "lower energy prices." Trump will push for more oil drilling on federal land and we also expect that the administration and Congress to move quickly on revamping DOE's role in LNG export licenses under the Natural Gas Act. Trump also repeatedly promised on his campaign trail to withdraw the US from the Paris Agreement on climate change once again, meaning the US would not have to abide by any "nationally determined contribution," the non-binding 10-year national climate plan that the US is supposed to submit by a February 2025 deadline.