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And if you think I exaggerate the permitting reform stuff.. North of ~80% of IRA/CHIPS related investments since Aug 2022 have gone to red districts. https://
by steveBK123 3y ago
And if you think I exaggerate the permitting reform stuff..
North of ~80% of IRA/CHIPS related investments since Aug 2022 have gone to red districts.
https://www.ft.com/content/06fcd3dd-9c39-48d3-bb08-6d75d34b5ed1 https://www.ft.com/content/06fcd3dd-9c39-48d3-bb08-6d75d34b5...
This lines up with the other numbers we have seen of oil&gas loving, renewable-hating Texas is also... the leading builder of renewables. Why? Because regardless of what the party controlling the statehouse prefers in red & blue states, it's just easier to build anything in a red state.
Similar anecdote re: housing permitting/building in blue districts/states - in the entire 5 boros of NYC, there were ~200 housing unit permits approved in July.
Look at some of the "housing units built per capita, by state" numbers like this - https://constructioncoverage.com/research/states-investing-the-most-in-new-housing https://constructioncoverage.com/research/states-investing-t...
Blue northeast states like NY/PA/MA/NJ/MD are clocking in 18-30 units per 10K residents of construction. ID/UT/CO/SC/FL/NC/TX range from 66 to nearly 90 units per 10K residents. DC is an outlier as a high construction blue area around 66 as well.