Wind energy expansion faces strong headwinds across US, industry report shows

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

A report released Friday by an energy group highlighted the challenges that increased wind energy development faces as governments make an aggressive net-zero push.

FreedomWorks senior economist Steve Moore, Forbes Media chairman Steve Forbes and former Reagan economic adviser Art Laffer discuss how to rebuild American economic prosperity on 'Kudlow.'

"The prevalence and stringency of wind ordinances are increasing across the U.S., with numerous states, particularly in the Midwest, having some level of local siting authority and adopting prohibitive ordinances for wind development," the report stated. Between 2019 and 2021, local governments have rejected or restricted nearly 100 proposed wind projects, according to a database from the Center of the American Experiment.

In addition, locals in Iowa have consistently opposed new transmission line projects which are needed to carry energy from wind farms to plants, according to the report Friday. Every transmission project proposed over the last five years has faced opposition."Reaching net-zero carbon emissions by 2050 will require a massive infrastructure build-out over the next 28 years.

Meanwhile, up to 17 times more wind deployment is required to meet net-zero emission goals, according to ClearPath.A report on offshore wind from the Global Wind Energy Council similarly noted that while a record 21.1 gigawatts of offshore wind was connected around the world last year, that figure fell far short of what is needed to reach net-zero.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Windmills r massive and UGLY

Nuclear power please.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines