Energy Exactions: A New Idea for Local Governments
Local governments often require developers to bear the costs of new infrastructure, termed “exactions.” But Professors Rossi and Serkin from Vanderbilt University Law School proposed imposing “energy exactions” to address the energy impacts of new residential or commercial growth. In this episode, students talk to the professors to learn more about this novel idea.
Local governments often require developers to bear the costs of new infrastructure. Known as “exactions”, the funds help localities address the burdens that growth places on schools, transportation, water, and sewers. But Professors Jim Rossi and Christopher Serkin, both with Vanderbilt University Law School, have proposed imposing “energy exactions” to address the energy impacts of new residential or commercial growth. In this episode, Linda Breggin, a senior attorney at ELI, and students from the law school talk to Professors Rossi and Serkin to learn more about this novel idea.
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