Biden’s historic climate record has one big problem

“The challenge is that permitting is an expensive, tedious, and time-consuming process, sometimes stretching decades. Developers often find there’s a lack of accountability between the local, state, and federal authorities that have a say in granting approval for things like wind energy farms or interstate power transmission lines.

The current system puts a lot of project developers in a frustrating limbo — not a “no,” not a “yes,” but a “maybe, we’ll see” that can stretch indefinitely.

This uncertainty makes it harder for companies to make a business case and often leads to proposals falling apart. The net result is that few things get built at all. In the past decade, the United States has built transmission lines at half the rate as in the 30 years prior. The Bipartisan Infrastructure Law included $7.5 billion to build thousands of electric vehicle charging stations, yet only a handful are operating. The American Clean Power Association, an industry group, reports that permitting delays have cost the US economy more than $100 billion in lost investment. Earlier this year, Lawrence Berkeley National Laboratory surveyed wind and solar power developers and found that one-third of permit applications for placing wind turbines and solar panels in the ground were canceled over the past five years.

These false starts cost businesses a lot of money: The average sunk cost was more than $2 million on average for a canceled solar project and $7.5 million for a scrapped wind farm. The main causes cited for these axed proposals were difficulties in getting approvals from zoning boards, in connecting to the power grid, and opposition from local communities — all issues that inhibit permitting.”

“That brings us to permitting reform. The idea is to change the existing system of rules — smoothing out the application process, setting tighter deadlines, reducing veto points — to get a verdict on projects faster.”

https://www.vox.com/climate/367950/permitting-reform-biden-climate-manchin-renewable-energy

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