CE4A: LinkedIn Post
Link to post With the passage of last week’s budget bill, we’re seeing major rollbacks in federal incentives for clean energy projects. Without federal tax incentives, streamlining the permitting process could become a larger priority. Just last week, Governor Gavin Newsom signed Assembly Bill 130 and Senate Bill 131 into law — landmark pieces of legislation that reshape the state’s permitting landscape. Key highlights include: - A major overhaul of the California Environmental Quality Act (CEQA) to accelerate housing and infrastructure projects - Creation of sustainable financing tools to unlock long-term investment - Faster permitting and approvals for housing — with continued protection for sensitive natural lands - Regulatory stability by freezing residential building standards through 2031 - Enhanced support for renters, including more than doubling the Renters Tax Credit What this could mean for clean energy: - “This is one of the biggest wins for housing in a generation,” s...
