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House Republicans unveil energy, permitting package

Jeremy Dillon of E&E News reports on the House Republicans’ new energy and permitting package.

The C3 Take
  • House Republicans have introduced the Lower Energy Costs Act which aims to bolster America’s energy sector.
  • Oil and gas that is produced in the U.S. is far cleaner than energy that is sourced from Venezuela or Russia.
  • The Lower Energy Costs Act also modernizes the permitting process under the National Environmental Policy Act, which delays energy and infrastructure projects by an average of 4.5 years.
  • With global energy demand expecting to grow by 50% through 2050, the U.S. can play a pivotal role in providing reliable, affordable, and clean energy to the rest of the world.

“‘Every time we need a pipeline, road or dam, an average of almost 5 years and millions of dollars in costs get added to the project to comply with Washington’s permitting process. That’s too long,’ Speaker Kevin McCarthy (R-Calif.) said in a video. “We can streamline permitting and still protect the environment. That’s a goal worthy of the number one.’

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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