Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Politics

Expert touts Trump’s energy sector nominations, outlines hopes for administration agenda to spark energy boom

by admin November 27, 2024
November 27, 2024
Expert touts Trump’s energy sector nominations, outlines hopes for administration agenda to spark energy boom

President-elect Trump is expected by many of his supporters to preside over an energy ‘boom’ in the United States by slashing Biden administration regulations, and one industry expert told Fox News Digital that she is encouraged by Trump’s energy sector cabinet nominees while outlining specific moves she hopes to see over the next four years.

I think the three cabinet picks that Trump has so far chosen to lead EPA, Interior and Energy are a vast improvement to who we have currently in those respective positions,’ Gabriella Hoffman, Independent Women’s Forum Center for Energy & Conservation Director, told Fox News Digital. 

‘They’re going to be taking a more tactful approach to energy development. They’re not going to be keeping things in the ground. They’re going to be prioritizing reliable energy sources like coal, oil, natural gas, nuclear even, and most recently, geothermal has also taken a renewed interest by Congress, and we will probably see geothermal as well unleashed. But also there’s going to be this balance of this energy abundant mindset with promoting land stewardship, expanding hunting and fishing opportunities, expanding ocean access, and reevaluating so-called clean energy projects that promise to be greener or are believed to be green but actually might be worse for the environment and don’t produce enough reliable energy or electricity.’

Hoffman told Fox News Digital the country is going to see a ‘reassessment of what conservation looks like’ that is ‘balanced out by this robust kind of development of energy here in the United States.

‘So it’s going to be great for the economy, we believe. As a center, we believe it’s going to lead to better national security with more energy being produced here. We’re going to be less reliant on countries that produce certain energy sources less cleanly, less environmentally friendly than we do.’

In recent days, President-elect Trump has named former Republican Congressman Lee Zeldin to head the EPA, Liberty Energy CEO Chris Wright to head the Energy Department, and North Dakota Gov. Doug Burgum to oversee the Interior Department. 

Hoffman outlined several top line agenda items that her center hopes to see from the three departments.

Emphasizing reliable energy production, moving away from sources that are subsidized like solar and wind to reliable sources that don’t really need to be subsidized or that are actually very plentiful and can be extracted safely and responsibly here in the United States,’ Hoffman said. 

‘Another priority is to kind of clamp down on this regulatory overreach we have seen across all three agencies. We have seen them take extreme positions with devising so-called tailpipe emissions standards, all these different green energy efficiency, household appliance directives. We’ve seen them take extreme positions on policies like the America the Beautiful Plan, or the 30 by 30 plan to protect so-called 30% of waters in lands by 2030, which is a very extreme position, not rooted in conservation whatsoever. It’s a control mechanism, not a conservation tool.’

Hoffman said she anticipates a ‘return back to true conservation’ under Trump ‘where you don’t see environmentalist groups suing agencies in perpetuity to block different measures of progress to go into effect.’

Trump often vowed on the campaign trail to unleash an energy boom in the United States by slashing regulations and expanding drilling in the United States and Hoffman told Fox News Digital she is optimistic that will happen.

Our center is very optimistic that there will be an energy boom,’ Hoffman said. ‘It’s not going to happen overnight, but it could be seen within a couple of months. I think realistically, once we hit the six-month mark, perhaps the year-end mark if President-elect Trump is going to be able to repeal some of the Biden-Harris directives as it relates to all the climate measures, the day one executive orders are really going to be a weight off of the administrative state’s shoulders and then all other policies that emanate from that tackling the climate crisis executive order will similarly be probably clamped down.’

Trump has for months vowed to ‘undo’ the Inflation Reduction Act, the Democrats’ marquee climate and clean energy spending legislation that allocates $369 billion in subsidies aimed at re-shoring investments for electric vehicle manufacturing and battery production as well as new utility-scale wind and solar projects.

Hoffman told Fox News Digital that repealing the IRA will be critical to unleashing American energy despite possible opposition from some Republicans in Congress who like certain aspects of the bill. 

‘For gas prices, electricity prices to truly be lowered, you’re going to have to see that law terminated or repealed, because that is what invited a lot of the so-called energy or environmental inflation,’ Hoffman said. ‘These higher prices at the pump, higher utility bills, higher food costs, because everything emanates from energy, transportation, food delivery, things of that sort. So that law really does have to be kind of called into question. And perhaps Trump will work with Congress to ensure that that is repealed.’

Hoffman also explained that a focus on nuclear energy will be critical over the next four years.

‘It is a really safe technology, especially produced here, and we don’t want China or Russia to have an edge,’ Hoffman said. 

Fox News Digital’s Breanne Deppisch contributed to this report.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Jay Bhattacharya, prominent physician and economist, nominated by Trump for NIH director
next post
Trump team signs memorandum of understanding with Biden White House to formalize transition

Related Posts

Successful legal challenges to Biden’s pardons over autopen...

March 19, 2025

Trump budget bill standoff fuels tension in House...

February 12, 2025

Israeli forces seize documents that reveal Hamas plan...

October 15, 2024

Gabbard says Biden admin ignored ‘highly inappropriate’ chats...

February 28, 2025

Trump blasts Biden’s DOJ: They tried to turn...

March 15, 2025

Trump announces Dan Bongino will be deputy director...

February 24, 2025

SCOTUS to hear straight woman’s discrimination case that...

February 26, 2025

Trump signals support for key MTG demand amid...

May 9, 2024

Trump-era China sanctions ended by Biden may be...

June 28, 2024

Chair Jordan demands answers from dozens of major...

August 6, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • S&P 500, Bitcoin & XLK: What the Charts Are Saying Now

      May 21, 2025
    • Iran’s Khamenei says Americans should avoid talking ‘nonsense’ in nuke talks

      May 21, 2025
    • Children take over White House briefing room with questions about Trump’s favorite ice cream, superpower

      May 21, 2025
    • Trump, Putin discussed possible prisoner swap involving 9 Americans: report

      May 21, 2025
    • Inside Trump’s urgent meeting with House GOP to pass the ‘big, beautiful bill’

      May 21, 2025

    Categories

    • Business (938)
    • Investing (2,214)
    • Politics (2,750)
    • Stocks (1,021)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved