U.S. says it will cut costs for clean energy projects on public lands

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Could 31 (Reuters) – The Biden administration on Tuesday reported it would significantly reduce the price tag of setting up wind and solar strength jobs on federal lands to help spur renewable power advancement and deal with climate change.

The new plan arrives immediately after yrs of lobbying from cleanse power builders who argued that lease prices and costs for amenities on federal lands had been as well high to draw investment decision.

In a assertion, the Division of Interior explained rents and service fees for photo voltaic and wind assignments would drop by about 50%.

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The administration also stated it would strengthen the selection of people today processing renewable vitality environmental assessments and allow programs as a result of the creation of 5 coordinating places of work in Washington, Arizona, California, Nevada and Utah.

The places of work are expected to boost coordination with other federal agencies these kinds of as the Environmental Defense Agency and the departments of agriculture, vitality and defense.

Inside is seeking to satisfy a congressional mandate to permit 25 gigawatts of renewable strength on federal lands by 2025. That is ample capacity to power about 4.75 million houses. The U.S. Bureau of Land Management permitted 2.89 GW previous 12 months, up 35% from the former yr.

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Reporting by Nichola Groom Modifying by Cynthia Osterman

Our Criteria: The Thomson Reuters Have confidence in Rules.

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