Permitting Reform Bill Will Streamline Energy Projects and Boost Economic Growth

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For Immediate Release: Monday, July 22, 2024
NOIA Contact: jwilliams@nullnoia.org

Permitting Reform Bill Will Streamline Energy Projects and Boost Economic Growth

Washington, D.C. – National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after Senate Energy & Natural Resources Committee Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY) introduced the permitting reform package, the Energy Permitting Reform Act of 2024.

"There is broad and bipartisan consensus on the need to streamline permitting to expedite the development of vital infrastructure and energy projects without unnecessary delays. We welcome the introduction of the Energy Permitting Reform Act of 2024 and commend Senators Manchin and Barrasso for their commonsense approach to energy policy.

"Reforming the nation's permitting process will ensure that America remains a leader in energy production while safeguarding our natural resources. The inclusion of provisions for new offshore oil and gas lease sales underscores the critical role of the Gulf of Mexico and other offshore areas in meeting the nation’s energy needs. This move will boost domestic energy production, create jobs, and stimulate economic growth. Additional Gulf of Mexico lease sales will provide much-needed stability and reassurance to an energy region vital to our national interests.

"We are also pleased with the inclusion of litigation reform. These provisions will help prevent the sudden and disruptive halting of projects, ensuring that infrastructure and energy initiatives can proceed without meritless legal delays. This promotes a stable regulatory environment essential for long-term planning and investment.

"In addition, lifting the pause on LNG permits is crucial for enhancing our energy security and expanding export capacity. This step will strengthen our position in the global energy market and better support our allies. Additionally, it will help the U.S. reclaim a strategic advantage while promoting progress in emission reduction efforts.

"We also commend the bill's support for offshore wind lease sales. While the power generated from offshore wind projects may be local, the economic significance, including the supply chain, has a national footprint. States like Louisiana, Texas, North Carolina, and Florida have already realized jobs and investments from supporting offshore wind projects.

"Successful permitting reform, as included in this bill, will establish a regulatory framework that balances and enables solutions for navigating climate challenges while promoting long-term affordable energy and providing energy security for Americans and our allies."

About NOIA
The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.