The NIMBYs and the environmentalists have thwarted the modernization of the transmission grid while laying a guilt trip on the the nation for not conserving enough to forestall these new lines and power plants. The jig's up. It's time to pay the piper.
Vermont's PSB has a proposal before it for a major upgrade to the grid with all the usual suspects arrayed against it. Let's see how long before this project is built.
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"Experts said long-awaited upgrades have been flummoxed by property holders, environment lobbyists and politicians who require a crisis to push them to act.
The hurdles run from Wall Street's reluctance to invest in transmission capacity due to a lack of clear ground rules to the headaches involved in building new high-wire power lines across the most crowded parts of the region.
'Nobody wants it in their backyard,' said David K. Owens, executive vice president for the Edison Electric Institute in Washington, D.C., a lobby group for private power companies. 'There are parts of our nation where it's very difficult to build transmission because there's no place to put it.'"
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