Nick Loris and Drew Bond outline three ways to promote a green economic recovery on The Washington Times.
Specifically, Congress and the administration should:
- Update the permitting process under the National Environmental Policy Act
- Reform the tax code in the form of immediate and full expensing for all new plant and equipment costs.
- Reduce trade barriers to open access to international markets.
“Government spending on specific energy projects may benefit a handful of companies, but it is no recipe for sustained economic viability. Instead, policymakers should implement broad-based, technology neutral reforms that unleash the ingenuity of the American people.”
Read the full article here.