Las Vegas, NV – Today, Americans for Prosperity released a new report detailing how the federal government’s broken infrastructure permitting system has caused the delay, or outright loss, of tens of thousands of new jobs and nearly $75 billion in economic benefits across six states. The report includes the timeline, status, and projected economic value of 7 specific projects in Nevada. In some cases, delays cost the state an estimated 6,000 jobs and $65 billion in potential economic benefits.
The analysis also highlights key solutions to help America build faster and increase access to affordable, abundant energy.
AFP-NV State Director Ronnie Najarro issued the following statement:
“Nevada should be leading the nation in energy development, not watching opportunity get buried under federal red tape. From transmission lines that strengthen our grid to mining projects that support domestic supply chains, these seven stalled projects represent real jobs and real economic growth our communities are being denied. Permitting delays are costing Nevada families good-paying work, slowing investment in our rural counties, and making energy more expensive and less reliable. If we want affordable, abundant energy and a stronger economy, Washington must fix a permitting process that is clearly broken.”
Read the report “A Guide to Unlock Energy Abundance: The Impact of Permitting Delays on Access to Energy and Economic Development” here.
Other report key findings:
- The permitting process caused the delay, or outright loss, of at least 50,000 new jobs and nearly $75 billion in economic benefits across the six states analyzed in the report.
- Among the 30 reviewed projects, canceled projects alone accounted for $4 billion in lost economic benefits and 38,000 jobs, both permanent and temporary.
- Twelve of the 30 projects are stuck in the permitting process, while only five are complete and operational. Seven are under construction and six have been canceled.
- Projects are a mix of energy transmission, energy generation, rare earth mining, and export-related energy developments. Transmission projects are the most delayed.