Senate bipartisan permitting bill aims to cut years from energy project timelines
Canary Media reports that the U.S. Senate has a bipartisan permitting bill on the table that could speed up construction of energy and grid projects . Canary Media reports that the bill could shave up to eight years off the timeline for transmission projects, which can currently take up to 18 years . Canary Media reports that the legislation would allow federal regulators to grant permits when states fail to act quickly . Canary Media reports that the Trump administration's recent offshore wind attacks could jeopardize negotiations on the permitting bill .
Why it matters. If enacted, the bill could accelerate energy and grid projects, delivering capacity sooner to consumers . The Trump administration's offshore wind attacks may stall negotiations, delaying the bill's impact .