Rep. Grijalva: Fossil fuel permitting reforms have a 'transparency issue'

Rep Raúl Grijalva (D-AZ) joins Yahoo Finance Live to discuss the fossil fuel permitting provisions and reforms. the green transition, and environmental concerns.

Video Transcript

BRIAN CHEUNG: The passing of the Inflation Reduction Act has been widely hailed as a landmark win for President Biden's climate agenda. Democratic Senator Joe Manchin switched from being a longtime holdout to supporter of the package of renewable energy investments on the promise of fresh legislation for infrastructure permits.

But with debate over the proposed legislation set to begin, opposition is growing in some corners and none so more than our next guest, Democratic Congressman Raul Grijalva, who is also the chair of the House Committee on Natural Resources. Congressman, thank you so much for joining us live this morning.

Just to kind of back up a little bit, you want to separate that Manchin provision on permitting out of the legislative dance that could trigger a shutdown, what is known as the continuing resolution. Can you just walk us through what your issues are there and how you feel like permitting should be approached through this landmark legislation?

RAUL GRIJALVA: Look, the issue of-- under the facsimile of permitting reform, this has been a demand and a cry primarily from Republicans for as long as I can remember on the House of Representatives, and certainly on the committee.

And so this attaching a significant reform, particularly as it applies to the National Environmental Policy Act, which is the key issue of transparency and public input and accountability regarding any permitting process, any major decision in which the federal government is used, any emissions that are regulated go through there, through Clean Water Act and Clean Air Act, and to expedite those at the behest primarily of industry because the American Petroleum Institute, that's their agenda. And basically, the leak regarding the content of that-- that's how we all found out about it-- came from the Petroleum Institute.

And so we feel-- we, and it's not just myself-- that a continuing resolution to keep the government open needs to be passed. And we want to do that. But to attach this permitting with this controversy with this provisions that run many times counter to the efforts in the IRA to begin the difficult transition process to clean and renewable energy would stand in the way of that. And we feel they need to be separated. They need-- they have to stand on their own merit.

And that has been the request. And that is the request that I and 60 of my colleagues plus at this point are going to be asking of our leadership, that we separate those two issues and let the members on the House floor vote separately on those.