Curtis Schube writes in The Hill about the need to remove permitting red tape.
- The collapse of the Key Bridge in Baltimore is shining a light on the nation’s onerous regulatory process.
- Regulations like NEPA and the Foreign Dredge Act are increasing the costs and pushing back the completion of the bridge repair significantly.
- To rebuild the Key Bridge, upgrade aging infrastructure, and build new roads and bridges (and energy projects), the U.S. needs to modernize the permitting process.
“Some may argue that permitting is needed to ensure that projects are complying with laws, such as environmental and property regulations. But parties who are operating under a permit by rule are incentivized to comply with the law on their own. A company that invests money to begin a project will lose that investment if the government shuts it down for non-compliance. Government micromanagement is unnecessary and only slows things down.”
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.
