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A New Energy-security Paradigm
Policymakers should begin by focusing on reforming our domestic permitting system, which comprises a maze of red tape, onerous delay points, and opportunities for frivolous litigation that holds back domestic energy production. Ironically, according to research from the R Street Institute’s Philip Rossetti, up to 90% of the major projects delayed under the National Environmental Policy Act are clean-energy projects. Streamlining the process by which we grant permits to build new energy infrastructure will reduce both project costs and construction delays, which will be crucial if the United States is to take the lead on clean-energy innovation and development.