BURSTPresident-elect Trump indicated on Tuesday that he’ll give expedited approvals to projects that invest at least $1 billion into the U.S. 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," Trump wrote in a post on Truth Social.
“GET READY TO ROCK!!!” he added.
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.
It's not clear that Trump would legally be able to alter requirements under the law for projects of a certain price.
Many companies and corporate lobby groups have long complained about the length of such reviews, saying they can create lengthy and expensive delays.
Trump’s post comes the same day that the Supreme Court heard arguments over whether to constrain NEPA’s scope to exclude certain indirect environmental impacts, though it’s not clear whether the post was related to the case.