Trump Says Anyone Investing $1 Billion in U.S. Will Receive Expedited Permits

U.S. President-elect Donald Trump said on Tuesday that any person or company investing at least $1 billion into the U.S. “will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.”

The statement, posted on his social media platform Truth Social, did not offer further details.

Trump’s transition team is working on a package to roll out within days of his taking office on Jan. 20 to approve export permits for liquefied natural gas projects and to increase oil drilling on federal lands and off the U.S.coast, sources familiar have said.

It was not immediately clear how Trump could work around independent commissions such as the Federal Energy Regulatory Commission, which has recently required additional environmental reviews for LNG projects.

The Trump transition team did not immediately respond to a request for comment.

Trump, a Republican, also plans to repeal some aspects of Democratic President Joe Biden’s regulations and top climate legislation, such as tax credits for electric vehicles and new clean power plant standards that aim to phase out coal and natural gas.

(Reporting by Eric Beech, Timothy Gardner and Jarrett Renshaw; Editing by Ismail Shakil and Chizu Nomiyama)

Share This:

More News Articles

 

  • Related Posts

    Top US Refiners See Profits Soar, Step Up Investor Rewards

    By Nicole Jao Top refiners post combined second-quarter profit of $12.6 billion Capital returns to shareholders hit $6.3 billion in second quarter TD Cowen sees Marathon and Valero each repurchasing…

    BofA to Plow $250 Billion Into Critical Infrastructure Projects

    By Paula Seligson and Katherine Doherty Bank of America Corp. unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers…

    Have You Seen?

    NTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In Gujarat

    • September 19, 2026
    NTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In Gujarat

    Vedanta Aluminium Prepares for Rising Demand for Specialised Aluminium in India’s Power Grid Expansion

    • September 19, 2026
    Vedanta Aluminium Prepares for Rising Demand for Specialised Aluminium in India’s Power Grid Expansion

    GEON Commissions 10 MW/20 MWh BESS Project In Phalodi, Rajasthan

    • September 19, 2026
    GEON Commissions 10 MW/20 MWh BESS Project In Phalodi, Rajasthan

    Suzlon Energy Allots 6.4 Lakh Equity Shares Under ESOP 2022, Paid-Up Capital Rises to INR 2,749.26 Crore

    • September 19, 2026
    Suzlon Energy Allots 6.4 Lakh Equity Shares Under ESOP 2022, Paid-Up Capital Rises to INR 2,749.26 Crore

    NTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In Gujarat

    • September 19, 2026
    NTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In Gujarat

    INEOS Opens EU’s First Full-Scale Carbon Storage Site in Denmark

    • September 19, 2026
    INEOS Opens EU’s First Full-Scale Carbon Storage Site in Denmark

    Strait of Hormuz oil shipments hit six-month high, U.S. commander says

    • September 19, 2026
    Strait of Hormuz oil shipments hit six-month high, U.S. commander says

    LNG Tankers Push Through Hormuz Again as Qatar, UAE Fight Supply Crunch

    • September 18, 2026
    LNG Tankers Push Through Hormuz Again as Qatar, UAE Fight Supply Crunch

    Hormuz Tanker Traffic Slumps as Saudi Arabia Scrambles for New Oil Routes

    • September 18, 2026
    Hormuz Tanker Traffic Slumps as Saudi Arabia Scrambles for New Oil Routes

    India’s Clean Energy Boom Halts Coal Power Growth

    • September 18, 2026
    India’s Clean Energy Boom Halts Coal Power Growth