Industry is still waiting for its big payday after supporting the House Republicans’ rise to power.
But for all the symbolic votes critical of environmental regulators run amok, the hard truth remains that little of industry’s energy legislative agenda has been accomplished in 2011.
“Virtually everyone in every sector with every interest is being disappointed by this Congress,” said Joshua Freed, director of the clean energy program at Third Way. “I cannot remember a Congress that has achieved less or been more crippled by gridlock than the 112th.”
Energy industry officials said their expectations were low to begin with in a year in which divided government and a looming presidential election campaign narrowed the prospects for getting big things done.
“You look at the calendar of how much legislative time is left and how many things they really are compelled to do, it leaves very little time for discretionary things to be brought to the floor,” said Karen Harbert, president and CEO of the U.S. Chamber of Commerce’s Institute for 21st Century Energy.
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Source: Darren Samuelsohn and Darren Goode | POLITICO