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Progress Denied

If our great nation is going to begin creating jobs at a faster rate, we must get back in the business of building things.

Project No Project assesses the broad range of energy projects that are being stalled, stopped, or outright killed nationwide due to “Not In My Back Yard” (NIMBY) activism, a broken permitting process and a system that allows limitless challenges by opponents of development. 

One of the most surprising findings from the catalog of projects is that it is just as difficult to build a wind farm in the U.S. as it is to build a coal-fired power plant. In fact, roughly 45 percent of the challenged projects that were identified are renewable energy projects.

The Potential Economic Impact

The Chamber recently commissioned an economic study, entitled Progress Denied: The Potential Economic Impact of Permitting Challenges Facing Proposed Energy Projects, to examine what might be the potential short- and long-term economic and jobs benefits if the energy projects found on this site were successfully implemented.

The study has produced several significant and insightful findings: For example, the authors find that successful construction of the 351 projects identified in the Project No Project inventory could produce a $1.1 trillion short-term boost to the economy and create 1.9 million jobs annually. Moreover, these facilities, once constructed, continue to generate jobs once built, because they operate for years or even decades. Based on their analysis, Pociask and Fuhr estimate that, in aggregate, each year the operation of these projects could generate $145 billion in economic benefits and involve 791,000 jobs.

PNP and the economic study is a snapshot in time of the number of facilities being challenged and the number of jobs not being created. We know the status of these projects changes and some have even been completed in the last year. However, if we did another study today we would find many different projects but the result would be the same, a large number of projects being challenged and delayed and a large number of jobs not being created.

The Chamber rolled out its new study, Project Denied: The Potential Economic Impact of Permitting Challenges Facing Proposed Energy Projects, in a press briefing at Chamber headquarters yesterday. The study highlights stalled energy projects and finds they are costing the U.S. economy more than a trillion dollars and almost two million jobs. Bill Kovacs, the Chamber’s senior vice president of Environment, Technology and Regulatory Affairs led the briefing. Below are some of the video highlights: