Obama Budget Seeks Increased Funding For Faster Energy Permitting, Natural Gas

摘要

President Obama's upcoming fiscal year 2014 budget request would increase funding for energy programs within the Interior Department's Bureau of Land Management by approximately 20 percent and includes a call for millions of dollars in funding for natural gas production and carbon capture and sequestration, the White House said March 15. A "significant share" of the proposed funding increase for the Bureau of Land Management would be used to improve the permitting process for both renewable and oil and gas projects proposed for federal land, the White House said. It will include a transition to an electronic, streamlined permitting system for oil and gas that will "significantly reduce" the time it takes to approve new drilling projects.