CleanTechnica•7 days ago
House Passes SPEED Act, Failing to Lower Energy Costs or Speed Clean Energy Deployment
Key Takeaway
The House-passed SPEED Act is unlikely to deliver on its promise of streamlining permitting or reducing costs for clean energy projects, leaving developers and large consumers to contend with existing deployment hurdles.
AI Summary
- •The House of Representatives passed the "Standardizing Permitting and Expediting Economic Development Act" (SPEED Act).
- •The act is criticized for failing to lower energy costs or accelerate the deployment of clean energy projects.
- •The SPEED Act weakens the National Environmental Policy Act (NEPA), which is not expected to resolve core permitting barriers for clean energy development.
Topics
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Article Content
Washington, DC — Today, the House of Representatives passed the “Standardizing Permitting and Expediting Economic Development Act,” or the SPEED Act. Rather than fixing the real barriers slowing clean energy projects, the SPEED Act weakens the National Environmental Policy Act (NEPA) in ways that would do little to lower costs or ... [continued] The post House Passes SPEED Act, Failing to Lower Energy Costs or Speed Clean Energy Deployment appeared first on CleanTechnica .