Philip Rossetti of R Street outlines several ways in which addressing permitting delays would produce positive outcomes for the environment. “With the Biden-Harris Administration and Congress together pursuing major infrastructure investments, there is an important question as to how best maximize potential economic and environmental benefits of new infrastructure. Reforming the National Environmental Policy Act...
In the coming weeks, all eyes will be focused on COP and how the international community will address global climate change. Policymakers would do well to learn from Europe’s energy shortages and embrace climate solutions that are rooted in economic freedom.
"Late last week, the White House's Council on Environmental Quality (CEQ) announced that it intends to undo the prior president's changes to the regulations implementing the National Environmental Policy Act (NEPA)."
"Ultimately, the Energy Act of 2020, as a bipartisan, serious piece of climate legislation, should be inspiring to us in this moment of even greater polarization. It made historic investments in critical energy innovation areas, and RFF’s recent study is backing up the bipartisan hypothesis that American technology is crucial to tackling global climate change. While politicians quibble over reconciliation on Capitol Hill, America’s energy innovators are getting to work."
"Europe’s struggle to access affordable, reliable, and clean energy is not a novelty. But this time, the EU has a clear choice to adequately meet its gas needs without compromising consumers or the climate. By choosing Russian or other high carbon intensive sources, Europe is missing a big opportunity in securing reliable and affordable gas supply. Why not let Texas LNG save the day?"
Paul Dabbar writes in The Wall Street Journal on how deregulation has created U.S. energy independence. “Technological innovation and broad deregulation are responsible for transforming the U.S. into a global energy powerhouse. The development by American oil and gas companies of new horizontal drilling techniques and the perfection of the process of hydraulic fracturing were...
"Reforming the environmental approvals and permitting process is the unsexy, yet incredibly powerful key to fighting climate change. For example, the bipartisan infrastructure bill that is due for a vote any day now in Congress is being called a down payment on the infrastructure needed for a low-carbon economy. But without the ability to actually build, that investment would be squandered."
"The National Flood Insurance Program—the main provider of flood coverage in the U.S., with more than five million policies—is rolling out an overhauled pricing method starting Friday in an effort to reflect more accurately the flood risk that individual properties face. The issue has gained importance with climate change, which scientists say is fueling sea-level rise and contributing to more-severe weather."
"Having multiple competing suppliers generates real electricity price competition, as well as competition over quality, reliability and satisfaction of other customer preferences like environmental protection."