💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Interior Department seeks to expedite energy projects to speed COVID recovery: document

Published 09/02/2020, 11:57 AM
Updated 09/02/2020, 12:45 PM
© Reuters. The U.S. Interior Department building is shown in Washington
NG
-

By Valerie Volcovici

WASHINGTON (Reuters) - The Interior Department sent a list of 50 major infrastructure projects, including 21 involving oil and gas drilling and mining, to the White House to be fast-tracked to "support economic recovery" from the ongoing COVID-19 emergency, according to a document obtained through a lawsuit by an environmental group.

A July 15 letter obtained by the Center for Biological Diversity, from Deputy Interior Secretary Katharine MacGregor to White House economic adviser Larry Kudlow, listed projects undergoing environmental review.

The list includes around 5,000 oil wells in Wyoming, liquefied natural gas projects in Alaska and Oregon and an offshore wind project in Massachusetts, as well as several mining, grazing and transmission projects.

The request came in response to an executive order signed by U.S. President Donald Trump on June 4 that gave federal agencies emergency powers to fast-track major energy and other infrastructure projects by overriding environmental permitting requirements.

Interior Department spokesman Conner Swanson confirmed the request: “The Trump Administration has taken significant steps to improve the federal government’s decision-making process, while also ensuring that the environmental consequences of proposed projects are thoughtfully analyzed.”

Trump, a vocal advocate of fossil fuels as president, has sought to roll back environmental regulations across all federal agencies and reduce state powers to block projects for environmental reasons.

Earlier this year, the Trump administration proposed to streamline the National Environmental Policy Act (NEPA), a bedrock environmental regulation that creates time consuming environmental reviews and public feedback requirements for major infrastructure projects.

In the letter, MacGregor also said the Interior Department is working on expanding the list of "categorical exclusions" for projects to exempt them from full NEPA reviews.

Brett Hartl, government affairs director of the Center for Biological Diversity, filed a lawsuit to obtain the documents after the group's public records request was denied.

© Reuters. The U.S. Interior Department building is shown in Washington

“Rushing to approve more climate-killing fossil fuel projects while ignoring environmental harms is wrong, and using COVID-19 as an excuse is despicable,” said Hartl.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.