EXCLUSIVE: Research published Friday and shared with Fox News Digital highlights how a wide range of traditional and alternative energy projects are being slowed by regulations.
"Across the country, America is having a difficult time grappling with inflation, and the cost of keeping the lights on is not exempt from these rising costs," the reports state."The factors affecting these energy utility prices can vary depending on where you live and how your local energy system is set up."
, increased costs imposed by regulations, uncertainty caused by red tape, administrative burdens and a chilling effect created by regulations that disincentivize further investment. If approved, the project would be the largest copper mine in North America and produce up to 25% of domestic copper supplies. Copper is a key mineral needed for a wide range of green energy projects.
In addition, the research released Friday showed how environmental permitting has slowed the Yellow Pine Solar project, a proposed 500-megawatt solar project in Clark County, Nevada, with enough capacity to power 100,000 homes. While the project is under construction, its first right-of-way application was filed more than a decade ago in 2011 and was slowed due to eco reviews and lawsuits.
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