The Corner

Study: Energy Regulation Preventing Job Creation

As Robert Costa noted, Sen. Joe Lieberman (I., Conn.) is already talking about the impact the Japan earthquake had on the country’s nuclear plants and urging the U.S. to “put the brakes” on any new nuclear plants.

But as a study released by the U.S. Chamber of Commerce last week shows, the nation’s current energy regulation is already impacting the economy. The study estimated that the 351 energy projects currently stalled or canceled because of regulatory barriers could have created 1.9 million jobs and added $1.1 trillion to the country’s GDP. (And even green energy projects are being impacted!)

“What is urgently needed now is a careful consideration of how all these permitting obstacles, uncertainties, and time delays can be addressed to speed up the processing, approval decisions, and development of many of the job-creating projects whose progress has so far been denied,” wrote Chamber president Thomas Donahue in a USA Today op-ed. “Private investors and developers are prepared to fund, build, and operate energy projects that could materially increase GDP and create many jobs — but only if policymakers remove obstacles.”

Katrina Trinko — Katrina Trinko is a political reporter for National Review. Trinko is also a member of USA TODAY’S Board of Contributors, and her work has been published in various media outlets ...

Most Popular

Elections

Stick a Fork in O’Rourke

If, as I wrote last week here, Joe Biden may save the Democratic party from a horrible debacle at the polls next year, Beto O’Rourke may be doing the whole process a good turn now. Biden, despite his efforts to masquerade as the vanguard of what is now called progressivism, is politically sane and, if ... Read More
Elections

In Defense of the Electoral College

Senator Elizabeth Warren has joined a growing chorus within the Democratic party in calling for the abolition of the Electoral College. Speaking at a forum in Mississippi on Monday night, Warren said that she hoped to ensure that “every vote matters” and proposed that “the way we can make that happen is ... Read More
National Security & Defense

In Defense of the Iraq War

Today is the 16th anniversary of the invasion of Iraq, and Twitter is alive with condemnations of the conflict -- countered by precious few defenses. Yet I believed the Iraq War was just and proper in 2003, and I still believe that today. When Donald Trump condemned the war during the 2015 primary campaign and ... Read More
Education

Ivy-League Schools Wither

A  number of liberal bastions are daily being hammered — especially the elite university and Silicon Valley. A Yale and a Stanford, or Facebook and Google, assume — for the most part rightly — that each is so loudly progressive that the public, federal and state regulators, and politicians would of ... Read More