Zero-Based Regulatory Budgeting to Unleash American Energy

President Donald Trump has issued an executive order implementing "Zero-Based Regulatory Budgeting" aimed at reducing outdated energy regulations. This order mandates federal agencies like the EPA and Department of Energy to periodically review and potentially sunset existing regulations, with the goal of fostering innovation and reducing bureaucratic constraints on energy production. While this move could stimulate economic growth by modernizing the regulatory framework, it may face legal challenges and political opposition from those concerned about environmental protections and regulatory oversight.