Biden Infrastructure Plan Has Unlikely Ally in Trump Permit Redo
Bloomberg Law cites Senior Fellow Mario Loyola on Biden’s infrastructure plan:
Mario Loyola, who served as CEQ’s associate director for regulatory reform during the Trump era, said the Trump changes will get permits through the pipeline faster.
A more predictable permitting system would free up “a limitless amount of private capital” that would pay for many of the new infrastructure projects, because it would give private investors more certainty about when they can expect a return, said Loyola, now a senior fellow at the Competitive Enterprise Institute.
Projects that environmentalists favor, such as ecological restoration projects in places like Louisiana and Florida, would also be fast-tracked if the Trump-era rules remain in place, Loyola said.