Energy Protection Act

The Energy Protection Act was a landmark legislation enacted in Sordland in 1932 under the leadership of Tarquin Soll as part of the National Autarky Plan. The act aimed to safeguard Sordland's energy industry from excessive foreign ownership, particularly from foreign powers such as Lespia and Rumburg. Its main provision was the limitation on foreign ownership of critical energy companies, prohibiting foreign nations from owning more than 10 percent of any corporation categorized as national security-sensitive. This measure helped ensure that the country's energy sector remained predominantly under domestic control. In 1949, the Energy Protection Act underwent an amendment during the tenure of Alphonso, increasing the limit for foreign ownership in national security-sensitive corporations to 20 percent. While this change reflected a shift in policy priorities, it maintained the core objective of the original act by protecting Sordland's energy sector from undue foreign influence. The Energy Protection Act has been considered a crucial component of Sollonomics and Sordland's broader National Autarky Plan, as it promoted self-sufficiency and energy independence during a time of economic and political uncertainty.