On November 19, 2024, US President-elect Donald Trump watched the sixth test launch of the SpaceX Starship rocket in Brownsville, Texas.
Brandon Bell | via Reuters
President-elect Donald Trump vowed on Tuesday that individuals or companies investing at least $1 billion in the United States will receive “full and expedited approvals and permits.”
Trump said in a post truth society Make environmental approvals part of investment incentives.
“Any person or company investing a billion dollars or more in the United States of America will receive fully expedited approvals and permits, including but not limited to all environmental approvals. Get ready to rock!” Trump wrote.
The specific details of Trump’s proposal are unclear. Trump’s transition team did not immediately respond when CNBC asked for details on what rules or regulations would be reduced to provide “fully expedited” approvals or permits.
It’s unclear why Trump decided to issue this message exclusively on Tuesday. But earlier that day, United States Supreme Court Arguments over a controversial federal environmental review of Utah’s proposed oil railroad are heard.
The article is the latest sign that Trump intends to loosen regulations on federal agencies and attract more foreign investment during his second term.
By singling out environmental approvals, Trump’s post also focused on his plans to roll back a series of Biden-era policies, including electric vehicle tax credits and stricter policies. fuel standardsaimed at combating climate change.
Lee Zeldin, Trump’s choice to lead the Environmental Protection Agency, has vowed to cut regulations he sees as burdensome to businesses.
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