Columbia Energy Exchange

President Donald Trump’s administration is promising an energy policy overhaul that would fundamentally reshape America's climate and energy policies. Trump and Republican leaders have pledged to pull back from many of the Biden administration’s climate actions, including parts of the Inflation Reduction Act, and surge domestic oil and gas production and exports.   Meanwhile, global energy markets face mounting uncertainties including an escalating U.S.-China trade war, new sanctions on Russian energy and Europe's continued dependence on Russian energy, and growing tensions between rich and poor countries over how the energy transition is unfolding. In both the United States and Europe, energy security, competitiveness, and costs are top priorities now, along with climate change. With climate targets and energy security needs often pulling in opposite directions, nations are facing difficult choices about how to balance competing priorities in an increasingly complex world. How will energy politics and policy