Wednesday, February 29, 2012

Our Top Five Stalled Energy Projects

By Nash Keune

In 2010, as a direct result of environmental concerns, NIMBY activism, and a sluggish permit-granting process, there were 351 energy projects that were being delayed, postponed, or outright terminated. This is according to a study published by the Chamber of Commerce entitled Project No Project. Together, these projects were estimated to be worth $1.1 trillion and expected to create 1.9 million jobs. The overriding lesson from the report was that, given America’s byzantine permit system, opponents of any project can find a violation somewhere within the mountains of paperwork a firm is required to submit. This lesson is still relevant today. Here are just five examples:

Read more: http://www.nationalreview.com/articles/292030/our-top-five-stalled-energy-projects-nash-keune?pg=1

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