Debt Deal has Potential to Modernize NEPA Reviews, Maybe
On June 3, President Joe Biden signed the Fiscal Responsibility Act of 2023 (FRA), which raises the debt ceiling into the stratosphere, into law. The FRA contains a critical provision to force the Mountain Valley Pipeline project completion in West Virginia and Virginia (see Equitrans Announces Mountain Valley Pipe to Get Completed in 2023). The new law also contains what we would call a baby-half-step toward "permitting reform," making it easier and taking less time to build new pipelines and other kinds of energy projects.
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