JP Morgan Endorses Brookings Plan To Boost Renewable Energy Installations
was founded in 1916 as the Institute for Government Research , with the mission of becoming “the first private organization devoted to analyzing public policy issues at the national level.” Its stated mission is to “provide innovative and practical recommendations that advance three broad goals: strengthen American democracy; foster the economic and social welfare, security, and opportunity of all Americans; and secure a more open, safe, prosperous, and cooperative international system.
Siting authority for all interstate transmission lines could be federalized with the Federal Energy Regulatory Commission. Congress could support multi-agency coordination by allocating additional funding to the Federal Permitting Improvement Steering Council and by expanding its scope to cover mid-sized as well as large clean energy projects.Sharp-eyed readers will immediately spot the fatal flaw in those proposals. Almost all of them rely on Congress doing its job.
“At the same time, permitting reforms are desperately needed to allow investment to be done in any kind of timely way. We may even need to evoke[emphasis added] — we simply are not getting the adequate investments fast enough for grid, solar, wind and pipeline initiatives. “While major advances have been made in the last few years on technology to help this cause, we are hopeful that the great American innovation machine will find the additional technologies that are desperately needed. There is a downside — massive, inefficient and mal-investment of capital. I talk more about this in the last section on public policy.
Intellectually, the rule was entirely correct. The runoff from farms, often laden with pesticides and fertilizers, leaches into the groundwater and finds its way eventually to America’s rivers and lakes. The health of tens of millions of Americans is affected, but the agriculture community reacted with scorn. A lot of people agreed with the farmers. Today when we hear the phrase “government overreach,” we are hearing an echo of the WOTUS rule.
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