US aims to cut red tape on public land developments
The US Department of Interior (DoI) proposes a rule to speed up renewable energy developments on US public lands, writes Recharge News.
The draft includes a 80% fees reduction, simplified application processes and is meant to generate more security for private project developers.
BLM adheres to the DoI and administers 12% of the country’s landmass. So far, the BLM has authorized 13GW of renewable capacity to be installed across the areas. 8.1GW has been signed off on since President Biden took office in 2021, so the speed has already been dialed up substantially.
The new rule is expected to benefit small-scale projects as well as projects bordering on profitability in materializing.
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