Veronique de Rugy writes in Reason about the impacts of overregulation.
- After championing billions of dollars in new green energy spending and subsidies, progressive politicians are realizing that regulatory inefficiencies are hindering energy and climate progress.
- Permitting under NEPA for instance takes nearly five years to complete which discourages private sector investment and hurts grid reliability and innovation.
- While public investments in this space are important, lawmakers can spend money more efficiently and stretch taxpayer dollars further by modernizing regulations such as NEPA.
Read the full article here.