The Trump administration is expected to aim its deregulatory agenda on the National Environmental Policy Act (NEPA), one of the nation's most significant environmental laws. The proposed changes to the 50-year old law that analyzes short and long-term environmental impacts of infrastructure projects are the stuff of industry dreams; proponents say that changes to NEPA will reduce barriers and speed permitting for infrastructure projects, including oil and gas pipelines.
The Trump administration is reportedly proposing nixing considerations for climate change, dropping the requirement to consider cumulative impacts, and limiting the scope of projects subject to the law's review. Members of the public will have the opportunity to comment on the proposed rules for a period of 60 days after they are filed in the Federal Register.
CEO of mining company retires amid financial woes
Rocky Mountain Resources, the company behind the proposed expansion of a limestone quarry that threatens the thriving tourist economy of Glenwood Springs, Colorado is experiencing significant financial woes made evident in recent Securities and Exchange Commission filings. The company announced its CEO will step down as it anticipates further financial losses in 2020.
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