The White House has released a memorandum addressing the funding of energy infrastructure and critical mineral and material projects. The directive encourages executive departments and agencies to collaborate and share information to eliminate redundancies in the application process. By simplifying funding applications and enhancing inter-agency cooperation, the government aims to expedite funding decisions and better support domestic energy initiatives.
Under the new policy, agencies are instructed to modify their information-sharing practices to facilitate the sharing of funding applications and commitments with the National Energy Dominance Council (NEDC). This coordination is intended to ensure that applicants experience fewer complexities when applying for federal support, ultimately leading to a more streamlined funding experience. Additionally, agencies will be required to seek consent from applicants before sharing information, ensuring compliance with legal standards.
To further improve the process, the Office of Management and Budget (OMB) and the NEDC will work on developing a common application for federal funding related to these projects. This common application will allow applicants to apply for multiple funding opportunities simultaneously, reducing the burden of completing separate applications for each program. The memorandum emphasizes that these changes are aimed at enhancing efficiency and supporting the growth of the energy sector in the United States.
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