Sen. Joe Manchin finally released the legislative text of its licensing reform proposal this week, and what a disappointment. His take-it-or-leave-it proposal includes some marginal improvements that will benefit renewables, but it creates new regulatory risks for fossil fuels, which is the opposite of what he promised.
We say this with regret because we hoped the West Virginia Democrat had earned more in exchange for his vote to pass his party’s tax hike and climate spending bill. The US economy needs reform to break through the regulatory and legal bottlenecks that are delaying projects for years, if ever built. Mr Manchin had political clout, but the bill shows he traded his vote on the cheap.