We seem to be on the precipice of a green revolution: Over the last 50 years, the price of solar panels has fallen by 99.5%. Over the last 30 years, the price of lithium ion batteries has fallen by 97%. Now, renewable energies like solar and wind are much cheaper than fossil fuels.
Building more renewable energy infrastructure should be easier than ever, right? While the market wants to build more clean energy infrastructure, our current environmental review laws and other procedural statutes drastically slow this process down, says Alec Stapp, co-founder and co-CEO of the Institute for Progress (IFP).
The same laws that are put in place to protect people and our natural environment can halt the very innovations that seek to do the same. So, what’s actually holding back our green future? Stapp breaks down the bottleneck of the clean energy revolution.