Stalled US Permits Threaten $121 Billion In Wind And Solar Investment [1]
"Trump administration policies that have stalled permits for renewable energy projects are putting more than $121 billion of investment at risk and slowing development of wind, solar and storage capacity needed to meet rising power demand, according to a report published on Monday.
The findings by energy research firm Wood Mackenzie highlighted tension between President Donald Trump’s goal of fast-tracking energy infrastructure to support the artificial intelligence boom and his opposition to renewable energy.
The report said it looked at early-stage projects valued at $121 billion that face investment risks due to delays.
A total of 92 gigawatts of clean energy projects, about enough to power 69 million homes, face heightened federal scrutiny following changes last year including a Department of the Interior directive that renewable energy permits at every stage required the approval of senior officials."