Bloomberg’s Editors write in The Washington Post on the importance of reducing regulations.
- A National Academies of Science report has found that if the U.S. wants to reach net-zero by 2050, we will need to double our share of clean energy generation.
- Regulations such as the National Environmental Policy Act (NEPA), while well intentioned, are one of the largest roadblocks to building clean energy and infrastructure projects.
- Permitting and review under NEPA takes an average of 4.5 years to complete which halts project build outs, increases costs, and wastes taxpayer dollars.
- To increase our supply of clean energy, we must reform regulations such as NEPA to become more efficient and transparent.
“A zero-carbon economy will not materialize by magic. It will take immense effort, foresight and fresh thinking. A good place to start is this: When it comes to green energy, red tape is the enemy.”
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.
