Devin Hartman writes in Utility Dive about different policies to advance private sector climate action.
- Private sector capital has taken a lead role in accelerating the energy transition.
- Reforming and modernizing outdated regulations could incentivize more private sector investments and get more clean energy and infrastructure projects up and running.
- At the federal level, reforming permitting under the National Environmental Policy Act (NEPA) would save developers millions of dollars and reduce project completion times by years.
- Regulators at the local and regional level should find avenues to increase electricity market competition, which has been shown to increase clean energy generation and save consumers money.
Read the full article here.