Climate change is high on the agenda for every layer of government within nations across the world, leading to trillions of dollars in investment in the coming decades to build green infrastructure Paces, a data platform startup, derisks green infrastructure development.
Not only are these bottlenecks, but the information about those bottlenecks is opaque and hard to find. That is where Paces comes in. We find the hard-to-collect data, make sense of it, and help guide green infrastructure to be built in places with fewer blockers from grid interconnection and zoning.
One thing that has been exciting to see is the rise of the YIMBY movement. YIMBYs attempt to be a counterweight in public permitting meetings to NIMBY groups by arguing for more sustainable development. Solar and wind combined only account for 11% of our total energy mix. We will build 20-40x the number of existing renewables over the next two decades. But less than 20% of solar and wind farms in the grid queue are successfully being built. It is not a problem of money; there are 100s of billions of green capital looking to be deployed from both the public and private sectors. Rather it is some of the issues we outlined above.
We also plan to shine a light on the different parties that are blocking green infrastructure development. If there is a county clerk in a blue state claiming green bona fides, but in fact, they have denied 9/10 of recently attempted solar projects, then we want to make that easy to find. In turn, this transparency will hopefully force political change at the local level.
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