Solar and wind energy projects fast tracked by Obama AdministrationAugust 11, 2012
“We Can’t Wait” strategy expedites solar and wind energy projects
The Obama Administration is taking an aggressive approach to solar and wind energy projects, introducing a so called “We Can’t Wait” energy strategy. The strategy has been introduced this week by the administrations move to fast track seven solar and wind energy projects. These projects will experience an expedited review process in order to hasten their development and completion, bringing more alternative energy to the country faster. The solar and wind energy projects are spread out across four western states.
Projects chosen for their economic and energy production potential
The administration has chosen to put these projects on the fast track because of their potential to produce large amounts of sustainable energy and their economic potential. Together, the solar and wind energy projects have the potential to add more than 5 gigawatts of capacity to the country’s energy supply. The projects are also expected to have a positive impact on the environment by offsetting carbon emissions. In terms of economics, the solar and wind energy projects may be somewhat costly to develop, but will create many jobs that the Obama Administration believes will be valuable.
Office of Management and Budget to oversee the review of solar and wind energy projects
The Office of Management and Budget has been tasked with overseeing the solar and wind energy projects that are being fast tracked. The agency will also oversee any future projects that will be included in the “We Can’t Wait” strategy. The strategy is meant to be politically neutral, encouraging both Republican and Democrat parties to participate in the support of alternative energy projects throughout the country.
Federal government continues to show support for solar and wind energy
Solar and wind energy projects have acquired much of the governments support in the past few years. Solar, in particular, has become a favorite of western states and those exposed to large amounts of solar radiation. Wind energy has also acquired significant attention, though the federal government is beginning to consider offshore wind energy projects more promising than those located inland.
Related article(s) and resources: