S. 33, The LNG Permitting Certainty and Transparency Act

ISBN-13: 9781517451950 / Angielski / Miękka / 2015 / 236 str.

Committee on Energy and Natural Resource

Opis

S. 33, the LNG Permitting Certainty and Transparency Act, would expedite the permitting process for LNG exports to countries which do not have free trade agreements with the United States. Study after study have shown that LNG exports will create good paying jobs all across America, good paying jobs in states like Oregon, West Virginia, Colorado, New Mexico and Wyoming. LNG exports will also reduce our nation's trade deficit which currently stands at $39 billion. S. 33 would require the Secretary of Energy to make a final decision on an export application within 45 days after FERC completes the environmental review process. In addition, the bill would provide for expedited judicial review of legal challenges to LNG export projects. Finally the bill requires exporters to publicly disclose the countries to which LNG is being delivered. S. 33 ensures that the Secretary will make a timely decision on LNG export applications and that legal challenges to LNG export projects will be resolved expeditiously, giving investors greater confidence that LNG export projects will be permitted and built.