Dave McCormick: “It takes five years to get a permit for a power plant.”

“It's what it's become. A McKinsey study found $1.5 trillion in critical infrastructure is frozen in permitting limbo, holding back 2.4 trillion in economic activity. It takes five years to get a permit for a power plant. That's longer than it took us to win World War II. Transmission lines take nearly eight years. The supply demand gap tells the Same story.” (01:44–01:49)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.