Home World Gas Pipeline Dealt a Blow as Manchin Withdraws Energy-Permitting Bill

Gas Pipeline Dealt a Blow as Manchin Withdraws Energy-Permitting Bill

by News Desk
0 comment

(Bloomberg) — Efforts to speed up the federal approval process for energy projects have been removed from the U.S. government financing bill, while efforts to expedite energy infrastructure approvals, including the stalling of a $6.6 billion natural gas pipeline, have been removed. retreated significantly.

Senate Majority Leader Chuck Schumer on Tuesday called for removing language authorizing reform from a makeshift government appropriations bill after it emerged the bill did not get the votes it needed to move forward. He said he agreed with Senator Joe Manchin’s request to ask. In a vote shortly after the decision was announced, the bill received enough support in the Senate to move forward.

“It is unfortunate that the United States Senate is allowing politics to jeopardize our nation’s energy security,” Manchin, a Democrat from West Virginia who proposed the energy supply, said in a statement. “Failure to vote on something as important as comprehensive permit reform will only embolden leaders like Putin who want America to fail.”

In a speech on the Senate floor, Mr. Schumer said talks would continue on how to proceed with the bill before the end of the year.

Under Manchin’s proposal, federal agencies would have 30 days to approve and issue all necessary permits to build Equitrans Midstream’s stalled Mountain Valley pipeline. Construction of a 488-kilometer-long conduit across Manchin’s home state stalled after a federal court in January denied permission to cross national forests following environmentalist challenges. .

Equitrans shares fell 4.2% in aftermarket trading in New York.

Manchin’s bill would also have set a time goal of two years for environmental reviews for large energy projects and one year for smaller projects. In addition, the act would allow the President to designate a list of at least 25 “high priority energy infrastructure projects” for which permits will be prioritized, and remote renewable energy projects to benefit from them. An approval process for transmission projects is expected. Democrats recently passed a climate package.

The bill received backlash from Republicans, who said they would roll back key environmental protections, seeing the proposed permit reform as a political reward for senators’ votes on the appropriations bill.Environmental groups welcomed the withdrawal.

“While the campaign against oil and gas pollution is far from over, this denial of Senator Manchin’s so-called permit reform bill marks a major victory over dirty energy. We also have a big win against.” & Waterwatch said.

(Updates with comments from environmental groups in final paragraph.)

©2022 Bloomberg LP

You may also like

Leave a Comment

Copyright ©️ All rights reserved. | Canadian Trends