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Trump says anyone investing $1 billion in US will receive expedited permits
https://www.yahoo.com/finance/news/trump-says-anyone-investing-1-193946411.htmlWASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Tuesday that any person or company investing at least $1 billion into the U.S. "will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals."
The statement, posted on his social media platform Truth Social, did not offer further details.
Trump's transition team is working on a package to roll out within days of his taking office on Jan. 20 to approve export permits for liquefied natural gas projects and to increase oil drilling on federal lands and off the U.S.coast, sources familiar have said.
It was not immediately clear how Trump could work around independent commissions such as the Federal Energy Regulatory Commission, which has recently required additional environmental reviews for LNG projects.
The statement, posted on his social media platform Truth Social, did not offer further details.
Trump's transition team is working on a package to roll out within days of his taking office on Jan. 20 to approve export permits for liquefied natural gas projects and to increase oil drilling on federal lands and off the U.S.coast, sources familiar have said.
It was not immediately clear how Trump could work around independent commissions such as the Federal Energy Regulatory Commission, which has recently required additional environmental reviews for LNG projects.
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