Environmentalists and groups representing major industry sectors are outlining their plans for how to respond to the upcoming Donald Trump presidency, with advocates vowing to fight in the courts and with the Democratic minority in Congress to push strict environmental rules while industry eyes roll-backs of major Obama EPA policies. Trump's election opens the door "for a broad push-back on federal regulatory oversight and increased support for domestic production of fossil fuels," S&P Global Market Intelligence writes in a Nov. 9 post-election analysis. S&P provides financial and industry data and analysis to investors, government agencies and corporations. S&P notes that Trump during the campaign had frequently called for retracting federal regulations, alleging impediments to domestic energy production. This plan will clear the way for an "all-of-the-above energy policy approach in the months ahead that is focused heavily on domestic fossil fuel development," S&P says.
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