US transportation projects will face fewer environmental reviews
What happened
The Department of Transportation is canceling a proposed rule that would have updated how it considers environmental impacts. This means fewer environmental reviews for new transportation projects.
Why it matters
The previous administration tried to make environmental reviews for transportation projects more thorough. This new move by the Department of Transportation reverses that effort. It makes it easier and faster to build new roads, bridges, and other infrastructure, potentially at a lower cost.
The signal
Watch for an increase in the number of new transportation projects approved and a decrease in the time it takes to get them started.