Senators Reach Construction Permitting Deal Ahead of Midterm Election

U.S. Senators have reached a bipartisan agreement to streamline federal construction permitting processes, aiming to accelerate infrastructure and energy project development before the Senate adjourns for the midterm elections in November. The deal is part of ongoing efforts to simplify complex regulatory procedures that often delay critical projects like power plants and data centers. The proposed legislation, known as the 'Bipartisan American Affordability and Jobs Act,' would require data center developers to cover their own energy transmission costs while benefiting both fossil fuel-based and clean energy sectors. Senators Shelley Moore Capito (R-WV), Sheldon Whitehouse (D-RI), Mike Lee (R-UT), Martin Heinrich (D-NM), and others have championed the reform, highlighting its potential to reduce energy costs and boost infrastructure development. The bill is expected to be a top priority during the lame-duck session following November's elections. Lawmakers aim for it to be one of the first votes upon their return in December.

By Garrett Downs,Karen James Sloan · CNBC ·

Senators Reach Construction Permitting Deal Ahead of Midterm Election

Topics: bipartisan legislation data centers energy policy infrastructure

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