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Energy, most read: Trump targets regulations; FirstEnergy sells merchant plants


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Energy, most read: Trump targets regulations; FirstEnergy sells merchant plants

SNL Energy presents the most read stories for the week ended Jan. 27.

1. Trump vows to cut regulations by 75%, kicks off regulatory and hiring freeze

Newly inaugurated President Donald Trump told business leaders he wants to cut federal regulations by 75% or more and repeated plans to slash taxes to encourage more manufacturing in the U.S. "We want to start making our products again," Trump said. "We don't want to bring them in, we want to make them here."

2. Bush energy advisers to Trump: Coal recovery depends on carbon price

A word of advice from former George W. Bush energy advisers to President Donald Trump: put a price on carbon and hope for higher natural gas prices if you want to help save the coal industry.

3. US withdrawal from trade deal cuts off avenue for quick approval of LNG exports

President Donald Trump's executive order withdrawing the U.S. from the Trans-Pacific Partnership means LNG export hopefuls will remain without an expedited approval process for exports to countries like Japan, a key outlet for the fuel in a glutted global market.

4. FirstEnergy takes significant step in divesting merchant business

FirstEnergy Corp.'s sale of nearly 1,600 MW of merchant generation involves more cash proceeds than expected and is seen as another significant step in the exit from the competitive business. The company, however, still faces plenty of hurdles ahead.

5. Northern regions of US to see pockets of cold for remainder of winter

From February through April, warmer-than-usual weather is eyed for the southern U.S., the Ohio Valley and Mid-Atlantic, with below-normal temperatures anticipated in the Northwest and areas of the Northeast, according to the latest monthly forecast from The Weather Company.