Climate Protests Cost U.S. $91 Billion In Lost Economic Activity, New Study Finds

  • Date: 20/12/18
  • The Washington Times

Climate activists fighting to derail pipelines and other energy projects have blocked $91.9 billion in U.S. economic activity and hundreds of thousands of jobs, according to a new report.

Infrastructure Lost: Why America Cannot Afford to ‘Keep It In the Ground,’” released by the U.S. Chamber of Commerce’s Global Energy Institute, quantified the cost of projects delayed or canceled as a result of environmental protests.

The report analyzed 15 targeted projects, including the hotly contested Keystone XL pipeline, Constitution Pipeline, and Oregon LNG terminal, as well as New York Gov. Andrew Cuomo’s 2014 fracking ban.

In addition to $91.9 billion in lost economic activity, the protests cost nearly 730,000 job opportunities and $20 billion in tax revenue to federal, state and local governments.

“Unfortunately, a small but vocal group of activists is waging fights against these projects around the nation,” said Karen Harbert, the institute’s president and CEO. “Our new report demonstrates just how damaging that is to families, consumers, and American workers.”

Terry O’Sullivan, general president of the Laborers’ International Union of North America, said workers “have the skills, training and experience to build pipelines, power plants and terminals in an environmentally sensitive manner.”

“The obstruction we’re seeing from activist groups is costing our members jobs and the entire country opportunities,” he said.

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