Johnathan Adler of Reason writes on the need for deregulation to address climate change.
- While well-intentioned, environmental regulations often delay the deployment of clean energy.
- Permitting under the National Environmental Policy Act (NEPA) takes an average of 4.5 years which disincentivizes investments in key clean energy and infrastructure projects.
- To meaningfully reduce emissions the United States must implement a more efficient regulatory process.
“Turning out the lights is not an option. We will power our moden economy one way or the other, and if it is too difficult or costly to deploy clean energy sources and to construct the infrastructure upon which it relies, we will stick with dirtier and more carbon-intensive energy sources.”
Read the full article here.