If I were the CEO of the corporation that proposed the Keystone Pipeline, I would be very skeptical about the American regulatory environment. The project is approved during one administration, sunk during the next, and then resurrected once again. The speakers in the video below acknowledge that corporations cannot propose and advance huge projects when the environment is unpredictable. The political pendulum swings, and projects get sunk. But corporations need predictability. This applies to the federal government– but also to states and local units of government:
2 thoughts on “Corporations Need Predictability”
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Those are valid concerns and good questions, but lets the entrepreneurs get started RIGHT NOW !!
I agree, Fred. But they are much more likely to start if they are reasonably confident they will be able to continue.