President Trump today signed an executive order seeking to accelerate the federal approval of proposed infrastructure, including new mines, highways, pipelines, and other critical projects given the current “economic emergency.” The order is expected to help the United States recover from the unprecedented economic losses sustained as a result of the COVID-19 pandemic. The order comes after the Administration earlier this year proposed updates to the National Environmental Policy Act (NEPA) intended to streamline the lengthy regulatory process and remove bureaucratic hurdles hindering development.
Below is a statement that can be attributed to me, Craig Stevens, spokesman for the GAIN Coalition:
“GAIN applauds President Trump for taking action to streamline the regulatory process and further promote infrastructure investment across the nation. A reliable infrastructure network – from roads and bridges to pipelines and telecommunications – is the backbone of the American economy. With the nation facing new challenges and uncertainty in light of COVID-19, a renewed emphasis on infrastructure can help put us on a sustainable path to success and spur a resilient economic recovery. Energy infrastructure projects in particular present a ripe opportunity for investment, as they are shovel-ready, labor-intensive, multi-year ventures that support thousands of high-skilled jobs and create new economic benefits for the surrounding communities.”