Findings

Congress finds that— (1) 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; (2) the regulatory uncertainty described in paragraph (1)— (A) deters critical energy infrastructure investment across all technologies; and (B) undermines United States energy security and economic competitiveness; and (3) regulatory uncertainty and permitting delays increase the cost of building energy and mineral infrastructure, which— (A) raises the cost of living for families in the United States; and (B) increases power prices for homes and businesses.