Incoming President-elect Donald Trump on Tuesday vowed on social media to roll back environmental regulations for individuals or companies willing to spend billions in the U.S., highlighting what’s poised to be an upcoming push to undermine the current federal permitting process.
“Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals. GET READY TO ROCK!!!” Trump wrote in a Truth Social post.
Trump, who coined the term “infrastructure week” during his first term and worked to unravel environmental regulations, posted the comment just ahead of his transition team members landing at federal agencies and deploying plans to curb the number of federal employees, slash federal regulations and take aim at bedrock environmental laws.
Trump has repeatedly complained about the pace of permitting and its effect on energy development. The pace of permitting mines in the U.S., for example, is one of the slowest in the world.