Listen: Mr Trump, Wall Street Journal And President discussed on WSJ What's News
"From Washington. Thank you so much nancy okay. Thank you president. Trump says he wants to overhaul federal environmental rules is to speed up infrastructure projects from day. One my administration has made fixing this regulatory nightmare a top priority and we want to build new roads woods bridges tunnels highways bigger better faster and we want to build them at less cost. Businesses have complained that the rules are too restrictive and have led to bureaucratic delays. He's but environmentalists are worried that changes to the National Environmental Policy Act weaken standards at a critical time. Joining me now with more details is Wall Street Journal Channel reporter Tim who go Tim. President trump says the changes here will speed up infrastructure projects and create jobs. Tell us more about what's in the proposal and and what the administration's vision is here. The crux of it is that they want to severely shorten the time line for these reviews right now. They take an average four years for highways seven other projects even longer the administration wants to get that down to just two years so have the average lint and and they want to limit how long even like the page count of these reviews can be sometimes there are hundreds of pages more than a thousand the administration feels like people will get better information. Decisions will come sooner for for permanent applicants and projects will be moved along or not much more efficiently if they put those kinds of limits on the reviews. Some businesses especially manufacturers have complained about the amount of time it takes to get necessary permiting and complete major infrastructure projects. What are you hearing from them about this proposal a lot of cheerleading? This is in many ways. Exactly what industrial interests wanted on it. All companies in particular there has been a big push for more pipeline capacity in the country and I say energy companies in particular but industrial interests of all types feel like environmental opponents have used these rules along with many others just to be obstructionists and if they can get faster answers on these permits best reviews that would go a long way to satisfying what a lot of the these businesses. This is walked. Let's talk about the other side here because critics are firing back saying that this would weaken environmental safety standards. And they say this could be a big setback in terms. TMZ of planning ahead around climate change. I think climate change is the big thing here. There's been bipartisan support for a long time at at shortening these reviews but the diagnosis of why they've become so long and the prescription for change. That's where the battle lines are being drawn. One part of what the administration wants to do is limit the scope of these reviews they see elements of how they have evolved fundamentally overtime. I'm as part of the problem. It Democrats say that there are better ways to speed them along. You had more federal workers to process these things they might go more quickly and then climate change as you alluded to is is the big concern. Here there are a lot of uncertainty is going forward about climate change. The effects could be dramatic. The risks wchs are dramatic and Democrats. Say that if you limit the scope of permit others to review that now to consider all those things now that it really handicaps us all aw going forward. It raises insurance costs potentially it raises societies exposures to the risks of climate change and potentially a very severe way. What happens next? This is still a proposal. What are its chances of moving forward? That is one thing that the chances are far from certain this is one of the most substantive certainly one of the broadest overhauls that the administration has tried to do and they don't have a lot of time to do it. We've got a sixty day comment period. That's for certain. Probably several months of review after that. I've heard some people estimate that could take more than two years. The administration often often finds that it takes longer than they expect to do these types of reviews and we know that. There's there's only a few months before. Mr Trump faces reelection. So there's there's a solid chance that if if he is not reelected that this doesn't get finalized a you could even have another administration come in vacate. The whole thing undo the changes. It's going to get sued. They could not defend its. There are tremendous obstacles to this becoming reality. All Right Wall Street Journal reporter. Tim Gluco joining me from Washington Washington. Thank you so much tim thank you. And that's what's news for this Thursday afternoon. I'm for totally for the Wall Street Journal. Thanks for listening.."