US sound and fury

Trump's deregulations will only touch the margins of production, but he will generate plenty of geopolitical risk

In 2018, the Trump administration will execute on its ambitious deregulatory agenda to unleash American "energy dominance"—and global energy markets won't notice the difference. For President Donald Trump, "energy dominance" means more American energy production and exports—especially oil, gas and coal. To further that goal, Trump signed a sweeping executive order directing agencies to roll back the Clean Power Plan, President Obama's signature climate policy to limit greenhouse gas emissions from power plants; reverse regulations on methane emissions; revisit the metric known as the "social cost of carbon" that seeks to quantify the damages from CO2 emissions; lift the temporary moratorium