U.S. says it will cut costs for clean energy projects on public lands -Breaking
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© Reuters. FILEPHOTO: A display of solar panels are seen in the desert close to Victorville, California. U.S., March 28, 2018. REUTERS/Lucy Nicholson (Reuters] – Tuesday’s announcement by the Biden administration indicated that they would significantly lower the costs for building solar and wind power projects on federal lands. This is to spur development of renewable energy and combat climate change.
This policy is the result of years-long lobbying efforts by clean energy developers. They argued that fees and lease rates for federal facilities were too high to attract investment.
The Department of Interior stated in a statement that rents and fees on solar and wind projects will fall approximately 50%.
Additionally, through creation of five offices in Washington and Arizona as well as California, Nevada, Nevada, and Nevada, the administration said that they would increase the amount of permit applicants and processing environmental reviews for renewable energy.
These offices will improve coordination with federal agencies like the Environmental Protection Agency, and departments of energy, agriculture and defense.
Interior seeks to fulfill a congressional mandate that 25 gigawatts be allowed on federal lands in order to comply with the 2025 deadline. It is enough to provide power for about 4.75 millions homes. Last year, the U.S. Bureau of Land Management approved 2.89GW of power. This is 35% higher than in previous years.
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