Trump Rolls Back NEPA Rules

Benzinga

The Trump administration finalized a rollback of regulations under the National Environmental Policy Act to speed permitting for energy and infrastructure projects, a move supporters say cuts red tape while critics warn it weakens environmental oversight, according to PBS News.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02The Trump administration finalized a plan Wednesday to roll back regulations implementing

00:07the National Environmental Policy Act, according PBS News. The changes rescind rules requiring

00:13federal agencies to assess environmental impacts before approving projects.

00:18Council Chair Catherine Scarlett said the directive aims to reduce bureaucratic burden

00:22and speed permitting for energy and infrastructure projects.

00:25The move comes as Congress considers legislation to accelerate permitting reviews and limit

00:30judicial challenges. Republicans and some Democrats say the 56-year-old law causes years-long delays,

00:37while Democrats warn proposed House legislation restricts public input and judicial review.

00:43Permitting efforts were set back after the administration suspended five offshore wind

00:47projects over national security concerns. For all things money, visit Benzinga.com.

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