February 14, 2025
Securing U.S. supply chains continues to prove critical to national security as China tightens grip on minerals
Securing U.S. supply chains continues to prove critical to nation...
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In June, President Biden signed the Fiscal Responsibility Act into law, advancing a bipartisan agreement to raise the debt ceiling that included modest and common-sense permitting reforms. The most important changes were the designation of a ‘lead agency’ authority for environmental reviews and right-sizing the scope, time, and even length of those reviews focusing on foreseeable environmental impacts rather than speculation. This means one federal agency will serve as the coordinator of all other federal agencies conducting environmental reviews and that they will all work to prepare a single environmental review document, which is focused on actual environmental impacts and mitigation. This makes so much sense that it leaves many wondering why it wasn’t done sooner.
President Biden said of the agreement, “No one got everything they wanted. But the American people got what they needed.” While there is some truth to this statement, the needs of the American people will not be met without further bipartisan agreements that address what we already know – the government shouldn’t need a decade or longer to assess and permit an energy project such as mining for nickel, lithium, cobalt, silver or gold.
While the permitting reforms signed into law as part of the Fiscal Responsibility Act are helpful, they are only one piece of the bureaucratic puzzle. Congress can finish the work by passing a comprehensive permitting reform package – bills like the Spur Permitting of Underdeveloped Resources (SPUR) Act and Revitalizing the Economy by Simplifying Timelines and Assuring Regulatory Transparency (RESTART) Act.
The Building American Energy Security Act of 2023 is designed to reform energy permitting to ensure American energy security and independence.
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The SPUR Act is designed to expedite permitting, increase American energy production and enhance energy security. For domestic minerals mining, it offers solutions to cut through bureaucratic red tape and cumbersome reviews.
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The RESTART Act offers commonsense permitting and project review reforms to build in America, lower prices and protect the environment.
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The minerals needed for advanced energy will come from somewhere, but we should be sourcing them domestically, where we know they will be mined in accordance with the world’s top environmental labor and safety standards, as stated by the president of the National Mining Association in testimony before the Senate. America cannot afford to spend another decade debating hardrock mine approvals. With each new announcement of a blocked mine or foreign source agreement, we are locking in our position of competitive weakness.