Posted on February 14, 2023 by Rich Powell
This op-ed was originally published by MarketWatch on February 8, 2023. Click here to read the entire piece.
President Joe Biden missed a critical opportunity during his State of the Union address on Tuesday. In touting the bipartisan infrastructure law, he directed a comment towards Republicans – “I’ll see you at the groundbreaking.”
In reality, breaking ground on anything will need a permit, and we unfortunately did not hear a plan to fix the permitting crisis. Reducing carbon emissions in the U.S. to net zero is actually achievable.
Done right, we could improve American energy security and be even more competitive in the global energy market. Europe is scrambling to keep pace with America’s new clean energy incentives. Parts of Asia, Africa and the Middle East have no electricity today while others are growing so fast they will need orders of magnitude more power. These are big challenges, but there is a political path forward to make more energy for the world, and make it cleaner. To have a chance at success, the U.S. must change how it permits the construction of clean energy projects.
Click here to read the full article