President-elect Donald Trump vowed Tuesday that people or companies who invest at least $1 billion in the U.S. will get "fully expedited approvals and permits."
Trump said in a post on Truth Social that environmental approvals are included as part of that investment incentive.
"Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.
Trump's transition team did not immediately respond when CNBC asked for detail and clarity on what sort of rules or regulations would be diminished in order to provide "fully expedited" approvals or permits.
By singling out environmental approvals, Trump's post also puts a spotlight on his plans to roll back a slew of Biden-era policies, including electric vehicle tax credits and stricter fuel standards, aimed at addressing climate change.
Persons:
Donald Trump, Trump, Biden, Lee Zeldin
Organizations:
SpaceX, CNBC, U.S, Supreme, Environmental Protection Agency
Locations:
Brownsville , Texas, U.S, United States of America, Utah