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Interview cumbersome and bureaucratic. As a leader, I focus on the long-term, overall objectives, but I’ m also committed to growing Limes as a business, both in terms of people and the number of markets we serve. To ensure we don’ t lose focus or motivation, we set short- and medium-term milestones as well as long-term goals.”
Speaking specifically about the impact of a new administration in the US, Cristiano adds:“ We’ re in discussions with our partners in the US to continuously monitor the changes being proposed by President Trump. With four-year presidential cycles, it can be difficult to plan, finalize, and develop energy projects without changing regulations. Some Republicans are challenging Trump’ s removal of the tax credits introduced by the Inflation Reduction Act( IRA) brought in by Biden. For many governors, including Republicans, the
IRA is helping to create jobs and therefore boosting the economy in several states, so while some are proposing a removal of tax credits for renewable energy projects over the next couple of years, others are arguing to push this back until 2030.
“ However, for most renewable projects, developers face localized and location specific issues, with unique challenges pushing us to find new and innovative solutions. Across all markets, there needs to be a good regulatory regime that doesn’ t change each year to foster a good investment environment for renewables developers. The permitting process is complicated and uncertain, often taking years to navigate even before development begins, which is again why a collaborative approach and robust resilience are crucial to navigating the ever-changing market.”
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