Monday, March 7, 2011

Forget NIMBY, foes go BANANAs over renewable energy


A recent report by the U.S. Chamber of Commerce Institute for 21st Century Energy worries that the "BANANA syndrome, build absolutely nothing anywhere near anybody is with us everywhere and impeding investment" in renewable energy projects.

Renewable energy has to increase by nearly 800% to meet President Obama's goals, which Christopher Guith, vice president for policy of the Institute says, "there are so many regulatory barriers right now, on siting and for building these facilities, it would be impossible to get there."