Mark Green at the American Petroleum Institute highlights the problems with the National Environmental Policy Act (NEPA).
- Findings from the American Petroleum Institute show that the permitting and review process in NEPA delays project completion by an average of 5.8 years, costing $4.2 million
- The Trump Administration has recently modernized NEPA regulations to expedite projects.
- Fast-tracking important energy and infrastructure projects is important not only for our economy to recover from the pandemic, but for our environment to stay healthy as well.
“We fully support the fundamental goal of NEPA to ensure appropriate consideration of the potential environmental impacts of federal actions. However, NEPA has not been updated in 40 years, creating delays and hurting economic growth. It’s time to modernize. Modernizing NEPA will unlock American investment in modern, efficient infrastructure, creating middle-class sustaining jobs while advancing good environmental stewardship.”
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.