The landmark climate bill passed by Congress on Friday aims to reduce carbon emissions with subsidies for speeding the build-out of renewable-energy projects. Success in meeting its emissions goals will depend on how quickly that build-out happens.
Despite the new financial support for renewable technologies, the industry faces supply-chain snarls, logjams in securing project approvals and challenges in constructing new high-voltage power lines and large-scale batteries to support an unprecedented build-out of wind and solar farms.
