"Biden Administration to Cut Costs for Wind and Solar Energy Projects"

"Interior Secretary Deb Haaland said the government would sharply reduce the fees it charges to companies that operate on public lands."

"WASHINGTON — The Biden administration said on Wednesday it would cut in half the amount it charges companies to build wind and solar projects on federal lands, a move designed to encourage development of renewable energy.

“Clean energy projects on public lands have an important role to play in reducing our nation’s greenhouse gas emissions and lowering costs for families,” Deb Haaland, the interior secretary, said in a statement.

Wind and solar developers have long said that lease rates and fees for projects on federal lands were too high to attract investors. The new policy would cut those costs by about 50 percent, administration officials said."

Lisa Friedman reports for the New York Times June 1, 2022.

Source: NYTimes, 06/02/2022