Jeremy Dillon of E&E News reports on the House Republicans’ new energy and permitting package.
- 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.
Read the full article here.