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Jimmy Hendricks@jimismash.bsky.social |
What is the interaction between leasing and issuing permits? Once an area is leased do producers still have to apply for permits before poking holes? Is the permitting process straight-forward, i.e. check these boxes and you get a permit, or is their additional opportunity to stop permitting?
1 replies 1 reposts 2 likes
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David Sacerdote
@davidsacerdote.bsky.social
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Once a lease is issued, the right to extract is a property right, and all that can really be done under current law with permits is to set the terms of extraction, not prevent it entirely. Biden tried a permit moratorium, and it didn't survive after a court challenge.
0 replies 1 reposts 4 likes