Stephen Perkins writes about the need to modernize regulations in The Hill.
- The process to site and approve energy projects is hindering energy and climate goals.
- Under the National Environmental Policy Act (NEPA) it takes an average of 4.5 years and millions of dollars for a project to receive the necessary permits to begin construction.
- For nuclear power the permitting and construction processes take an average of six and nine years, respectively.
- To provide consumers with affordable and reliable power, while deploying modern and low-carbon technologies, lawmakers must modernize NEPA.
Read the full article here.