Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 53 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 63%
  • Publisher: 63%

Climate News

Jason Miller,Joe Manchin,Washington News

President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion.

Feds uncover 2 massive marijuana grow operations ‘hidden in plain sight’ in Southeast Georgia; 8 arrested‘The happiest news I could hear’: Former NFL player, Raines alumnus excited ahead of state championship game

Environmental groups slammed the proposal, calling it illegal on its face and a clear violation of the National Environmental Policy Act, a 54-year-old law that requires federal agencies to study the potential environmental impact of proposed actions and consider alternatives. “What if someone wants to build a waste incinerator next to Mar-a-Lago or a coal mine next to Bedminster golf course?" she asked, referring to Trump's Florida home and New Jersey golf club, respectively.

“The substance here is he is really serious about trying to get permitting reform done," said Book, managing partner at ClearView Energy Partners, a Washington research firm. Their plan would boost energy projects of all types, bringing down prices, creating domestic jobs and allowing the U.S. to continue as a global energy leader, Barrasso and Manchin say.

Jason Miller, a senior adviser to Trump, said Trump's second term will be a “golden age of regulation-cutting,'' including a promise to “drill, baby, drill.''

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 246. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines