One of the biggest barriers to investment in infrastructure all across the United States is the long, costly, and unpredictable permitting process. If you have any doubts, just consider the Keystone XL pipeline extension. Proposed by TransCanada in 2008, approved by the Canadian government and the state of South Dakota in 2010, it floundered around in the Environmental Protection Agency, Interior Department, and State Department for another five years before President Barack Obama rejected it … [Read more...]