Close Menu
Machinery Asia
  • Home
  • Industry News
  • Heavy Machinery
  • Backhoe Loader
  • Excavators
  • Skid Steer
  • Videos
  • Shopping
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Machinery Asia
Subscribe
  • Home
  • Industry News
  • Heavy Machinery
  • Backhoe Loader
  • Excavators
  • Skid Steer
  • Videos
  • Shopping
Machinery Asia
You are at:Home » Trump promises to speed up permits for megaprojects
Industry News

Trump promises to speed up permits for megaprojects

Machinery AsiaBy Machinery AsiaDecember 17, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Tumblr

This audio is automatically generated. Please let us know if you have any comments.

Dive Brief:

  • President-elect Donald Trump said he will speed up federal permitting and environmental reviews for construction projects worth more than $1 billion. Many infrastructure megaprojects, particularly energy projects, fall into this price range.
  • On a December 10 post on your social site of the truthTrump said anyone making a $1 billion investment in the US “will receive fully expedited approvals and permits, including but not limited to all environmental approvals. GET READY TO ROCK!!!”
  • Trump’s plan applies to both national and foreign investmentJason Miller, Trump’s senior adviser, told AP News. “If you want to bring money in, he will move heaven and earth to get that money in the door and get it invested in America,” Miller said.

Diving knowledge:

In his first term, Trump took a series of actions to speed up the permitting process for construction projects. In 2020, his administration reduced the number of projects requiring federal review under the National Environmental Policy Act and reduced the scope of effects considered in these reviews. NEPA is a basic environmental protection law, and many permitting requirements derive from it.

President Joe Biden reversed those changes when he took office and focused on categorical exclusions and building agency capacity to fast-track projects.

There is some bipartisan appetite to review building permits. Democrats are eager to fast-track environmental and clean energy projects, some of which have been funded by the Jobs and Infrastructure Investments Act, but have not yet moved forward because of the NEPA process, Alex Etchen, VP of government relations for the Associated General Contractors of America. , Construction Dive said.

“Democrats have taken more interest in this because they want some of these renewable energy projects to get started. They need permits for these transmission lines, and if they want to meet some of their carbon reduction goals, they need to be able to build some of these projects,” Etchen said. “So I think that’s why there’s been this movement of “some on the Democratic side who want to negotiate a compromise on some of these things.”

That said, Republicans will likely wait to push for permit changes until next year, when they control both houses of Congress and the White House, experts told AP News.

In addition, a case that is in the Supreme Court — Seven County Infrastructure Coalition vs. Eagle County — has the potential to dramatically weaken NEPA. This ruling could further enable Trump’s goal of opening up public lands and waters to oil and gas drilling, a focus during his most recent election campaign.

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleContractor Suffolk’s hospital project is on the critical list after the owner’s bankruptcy
Next Article Contractor Suffolk’s hospital project is on the critical list following Steward Health Care’s bankruptcy
Machinery Asia
  • Website

Related Posts

If you have not adopted the authority to stop work, what are you afraid of?

February 5, 2026

Gateway funding freeze threatens a national rail artery

February 5, 2026

Construction unemployment rate At 5% in December

February 5, 2026
Leave A Reply Cancel Reply

  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Don't Miss

If you have not adopted the authority to stop work, what are you afraid of?

Gateway funding freeze threatens a national rail artery

Construction unemployment rate At 5% in December

StreetLights Residential breaks ground on 20-story skyscraper in Dallas

Popular Posts

If you have not adopted the authority to stop work, what are you afraid of?

February 5, 2026

Gateway funding freeze threatens a national rail artery

February 5, 2026

Construction unemployment rate At 5% in December

February 5, 2026

StreetLights Residential breaks ground on 20-story skyscraper in Dallas

February 5, 2026
Heavy Machinery

Why car trailer weight is so important for safe towing

February 4, 2026

How to choose a smart car trailer

February 3, 2026

Galvanized tilting trailer for the transport of cars and equipment

February 3, 2026

Car hauler trailer kit basics for real world towing

January 26, 2026

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Type above and press Enter to search. Press Esc to cancel.