This action adds to a wave of recent executive orders aimed at reviving coal and curbing clean energy initiatives, stirring significant resistance from states and consumer protection groups alike.
Resolution Copper, which says the site holds the second-largest known copper deposit in the world, has said the project could meet 25% of U.S. copper demand
Future development in the Mowry Composite system would depend on a mix of federal leasing decisions, permitting processes, market demand, and state-level regulations.
The IRA contains a provision called the “production tax credit” (PTC) that allows taxpayers to deduct a percentage of the cost of renewable energy systems from their federal taxes, according to the Environmental Protection Agency (EPA).
The EPA says the modification to the construction general permit (CGP) expands the list of areas covered by CGP rules to include construction projects in all “lands of exclusive federal jurisdiction,” which are defined as lands in the U.S. where the federal government retains exclusive jurisdiction in relevant respects.