Stalled energy projects hurting job growth

US Energy Permitting Delays stall infrastructure investment, transmission lines, nuclear, gas, coal, and renewable energy, as regulatory hurdles and litigation risks mount, curbing job creation, GDP growth, and timely clean energy deployment nationwide.

If 351 stalled U.S. energy projects were given the green light, they would create as many as 1.9 million jobs and increase the nation's gross domestic product by $1.1 trillion, according to a study commissioned by the U.S. Chamber of Commerce.

The business lobby said the report analyzed proposed gas, nuclear, transmission, coal and renewable energy projects that were delayed or canceled due to drawn-out permitting processes, lawsuits, or threats of legal action.

According to the powerful Chamber, the study underscores the "corrosive economic and employment impacts" of what it called "inefficient" regulatory hurdles, opposition to energy projects and related legal disputes.

The study excluded on- and offshore oil projects, which the Chamber said resulted in a conservative analysis, even as clear air rules were cited as potential job creators by other reports.

In total, the projects would generate $577 billion in investment dollars, the study said, acknowledging that not all of the projects would or should be approved.

"Not all of these projects should be approved," Peter Morici, a former chief economist with the U.S. International Trade Commission who reviewed the study, said at a press briefing. "But the current process as I understand it is broken. That's why this country isn't growing at 5 or 6 percent a year. It's only growing at 3."

The report was commissioned in an attempt to inventory delayed projects and quantify their economic impact, amid scrutiny such as DOE emails to wind lobbyists that cloud policy debates, the Chamber said.

The study analyzed 22 nuclear projects, one nuclear disposal project, 21 transmission projects, including new utility lines under review, 38 gas and platform projects, 111 coal projects and 140 renewable projects. The renewable projects include 89 wind, 10 solar, seven hydropower, four wave, 29 ethanol or biomass and one geothermal.

The report noted that clean energy projects "are hitting the same roadblocks as gas, oil, nuclear and coal projects," especially after the EPA climate ruling intensified scrutiny.

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