Rhett Morgan of TulsaWorld reports on the ways that our nation’s permitting process slows down innovation and progress.
- Williams, which handles 30% of the nation’s natural gas, has set a goal to reduce its emissions by 56% by 2030.
- According to Williams CEO Alan Armstrong, the United States’ inefficient permitting process is hamstringing the company’s ability to reach these goals and is hurting the country’s energy security.
- Under the National Environmental Policy Act (NEPA) it takes an average of 4.5 years for a project to receive the necessary permits to begin construction.
- Policymakers must modernize NEPA to allow the U.S. to build cleaner, faster.
“‘It used to take five years to build something like the Hoover Dam,’ he said. ‘Now, it takes us, at least for any kind of sizable project today, at least four years for the permitting process, not the construction. And generally, it will take us nine months to construct.'”
Read the full article here.
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