Skip to main content
We may receive compensation from affiliate partners for some links on this site. Read our full Disclosure here.

President Trump Makes Offer To Individuals Or Companies That Invest “ONE BILLION DOLLARS” In The United States, “GET READY TO ROCK!”


President Trump made an offer to any individual or company that invests at least $1 billion into the United States economy.

“Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals. GET READY TO ROCK!!!” Trump said.

Image

Per Reuters:

Trump’s transition team is working on a package to roll out within days of his taking office on Jan. 20 to approve export permits for liquefied natural gas projects and to increase oil drilling on federal lands and off the U.S. coast, sources familiar have said.

It was not immediately clear how Trump could work around independent commissions such as the Federal Energy Regulatory Commission, which has recently required additional environmental reviews for LNG projects.

ADVERTISEMENT

From The Hill:

The National Environmental Policy Act (NEPA) — one of the nation’s bedrock environmental laws — requires federal agencies to conduct environmental reviews before taking actions such as approving energy production and approving infrastructure projects like pipelines and highways.

Many companies and corporate lobby groups have long complained about the length of such reviews, saying they can create lengthy and expensive delays.

William Buzbee, a law professor at Georgetown University, told The Hill in an email that the president can ask agencies to “act with alacrity for particular high priority actions.”

However, he said that these asks will “at most just cue up some prioritized actions, with the agencies still required to follow NEPA’s mandates and process.”

He said that the law does not provide a “statutory fast track for big investments in big projects.”

This is a Guest Post from our friends over at 100 Percent Fed Up.

View the original article here.



 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Leave a comment
Thanks for sharing!