15 Apr 2025
⚡Executive Order 14270 Promotes Deregulation in Energy Sector
Zero-Based Regulatory Budgeting To Unleash American Energy
Summary
Executive Order 14270 mandates the implementation of zero-based regulatory budgeting to enhance American energy production. The order introduces sunset provisions that require regular reevaluation of existing regulations, aimed at alleviating burdens on the energy sector and promoting innovation while ensuring regulations serve the public good.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
The Executive Order introduces sunset provisions for regulations in the energy sector, requiring periodic review of existing regulations. This could significantly lower compliance costs and foster innovation for businesses in energy production, presenting direct financial implications.