Solar and wind energy projects fast tracked by Obama Administration

BY 

STEPHEN VAGUS

 – AUGUST 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.