Rochelle Toplensky of The Wall Street Journal writes that clean energy needs more than the Inflation Reduction Act.
- 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.
Read the full article here.