Senators Unveil Bipartisan Bill to Expedite Energy Project Approvals

The proposed legislation aims to streamline permitting processes for both fossil fuel and renewable energy projects, addressing a long-standing regulatory bottleneck.

• The bill, introduced by Senators Joe Manchin and John Barrasso, seeks to strengthen the U.S. power grid and lower energy costs.
• It includes measures to accelerate leasing and permitting for energy projects on federal lands and waters.
• The legislation mandates deadlines for approving liquefied natural gas export applications and other energy projects.
• It also aims to boost renewable energy by facilitating the connection of nearly 2,000 MW of clean energy to the grid.
• The bill faces uncertain prospects in the Senate, particularly due to election-year politics and opposition to fossil fuel measures.

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