SPEED Act Passes in House Despite Changes Threatening Clean Power Projects

The SPEED Act has passed in the House, despite changes that threaten clean power projects. The bill would significantly curtail the scope of the federal environmental review process.

The SPEED Act aims to streamline the process for approving infrastructure projects, but critics argue that it will lead to the approval of projects that harm the environment. The changes to the bill include a provision that would allow the Federal Energy Regulatory Commission (FERC) to approve projects without conducting a full environmental review.

This provision has been met with opposition from environmental groups, who argue that it will lead to the approval of projects that harm the environment and disproportionately affect low-income and minority communities.

The SPEED Act is a major victory for the fossil fuel industry, which has been pushing for the bill's passage. The bill's supporters argue that it will help to create jobs and stimulate economic growth, but critics argue that it will come at the cost of the environment.

The SPEED Act now heads to the Senate, where it is expected to face opposition from Democrats and environmental groups.

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Sources

[2] SPEED Act passes in House despite changes that threaten clean power projects