Fighting for Reliable Energy and Ending Doubt for Open Markets Act
A BILL
To amend the Energy Act of 2020 to establish enforceable Federal authorization timelines and expedited judicial remedies, to limit Federal actions halting fully permitted projects, and for other purposes.
Sec. 2 Findings
Congress finds that—
energy projects face catastrophic financial losses when Federal agencies revoke permits, fail to adhere to deadlines, or take years to process routine applications for those projects, even in cases in which project sponsors have invested millions of dollars in reliance on Federal approvals;
the regulatory uncertainty described in paragraph (1)—
deters critical energy infrastructure investment across all technologies; and
undermines United States energy security and economic competitiveness; and
regulatory uncertainty and permitting delays increase the cost of building energy and mineral infrastructure, which—
raises the cost of living for families in the United States; and
increases power prices for homes and businesses.