Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.Start your free subscription Biden Effects Regulatory Freeze, Revokes Trump Actions, Rejoins Paris Agreement President Joe Biden just hours after his inauguration effected an immediate freeze on several Trump-era deregulatory actions that directly affect the power sector, and revoked a long list of rules and executive actions affecting the bulk power system. The president on Jan. 20 also kickstarted America’s return to the Paris Agreement, sending a brief letter to the United Nations (UN) that accepts every “article and clause” within the landmark international climate agreement.