Getting climate, energy & environment news right.

Wind Needs More Than the Inflation Reduction Act

Rochelle Toplensky of The Wall Street Journal writes that clean energy needs more than the Inflation Reduction Act.

The C3 Take
  • While the Inflation Reduction Act will likely lead to greater investments in green energy, it will largely fail to deliver the clean power goals that some are envisioning.
  • The legislation fails to reform or streamline the permitting process under the National Environmental Policy Act (NEPA), which currently delays project completion times by an average of 4.5 years.
  • Policymakers can better achieve a cleaner energy future by modernizing permitting and enacting free-market policies that accelerate innovation.

“Slow permitting is a longstanding challenge partly because it is politically risky to reduce locals’ rights to challenge new projects. Senators promised to work on a deal to fast-track planning permissions for a range of energy infrastructure, including for oil and gas, but it remains a big challenge.”

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.

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