The Debilitating Cost of Federal Regulatory Compliance
Energy, FERC, hydropower
By Institute for Energy Research —— Bio and Archives--December 7, 2013
Global Warming-Energy-Environment | Comments | Back To Full Article
The Mercatus Center just published a new paper explaining how federal regulations actually discourage energy development, even low-impact renewable energy development. The Mercatus paper tells the story of how Logan, Utah developed a micro-hydro plant that cost almost $3 million in the U.S., but would have only cost between $225,000 and $375,000 in Canada. The reason the project was 10 times more expensive in the U.S. than in Canada was the Federal Energy Regulatory Commission’s (FERC) regulations.
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