Rochelle Toplensky of The Wall Street Journal writes on th impact that politics may have on the energy transition.
- As the American private sector looks to innovate our way to a cleaner future, political gridlock could impede progress.
- Current government-imposed barriers such as tariffs and inefficient permitting hamstring project completion times and drive up costs for consumers.
- Advancing clean, reliable, and affordable energy is a bipartisan goal that can be achieved by empowering the private sector and investing in innovation.
“Yet there are signs of progress in other areas. One key bottleneck is approval for transmission lines: A record 1,400 gigawatts of total generation and storage capacity are currently seeking interconnection to the grid, more than the current U.S. generating capacity of 1,200 gigawatts, according to a new paper from Berkeley Lab. The Federal Energy Regulatory Commission is now working on a series of proposed rule changes to streamline the processes for approving transmission lines.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
