Regulatory News

The Office of Managements and Budget has begun reviewing a plan to replace the Clean Energy Plan approved during the Barack Obama administration and revoked in March by the Trump administration. There is still no deadline for the conclusion of the study that, when released, will open to public consultation, according to the website Utility Dive.

The new regulation should drastically change the Clean Energy Plan, which aims to reduce carbon emissions in US industries by 32% by 2030 and would be the United States' main commitment to the Paris climate deal. However, Trump announced earlier this month the country's withdrawal from the deal as it considered it an investment barrier. The current government's goal is to generate $1 trillion in infrastructure investments.

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