Many of these regulations can slow down a project and stifle that economic progress, can create uncertainty for businesses, the project itself, increase the time it takes to construct the project, increase the cost of that project.
Chao discusses the negative impact of regulations on project timelines and costs.
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The goal of the President's proposal is to stimulate at least $1.5 trillion in investment spending.
I do not think that the Government should be the one deciding what technologies to use; and right now, it is not yet set which technology is best.
No political pressure is going to take one of those projects, put it at the head of the line, ahead of all other projects, which is what is happening in this particular case.