Debt ceiling deal advances pipeline and tweaks rules, but more work remains ...Middle East

Business Standard - Economy
Debt ceiling deal advances pipeline and tweaks rules, but more work remains
source : Business Standard ( Middle East ) () 46
Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their debt ceiling deal, instead settling for limited changes that could simplify and expedite some project reviews. The legislation, approved late Wednesday by the House, includes provisions to speed up infrastructure projects under the landmark National Environmental Policy Act, or NEPA. However, it does not clear the way to build large-scale electricity transmission lines, instead ordering a two-year study of the issue. The budget deal was being debated Thursday in the Senate, where lawmakers

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