December 15, 2011
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Energy & Renewables Newsletter December 15, 2011 |
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| This Week´s Featured News Stories |
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Obama threatens to veto pro-polluter payroll tax bill
The White House has confirmed that President Obama will veto a Republican bill that would force the administration to approve the controversial Keystone XL oil pipeline in return for the extension of middle class tax cuts. The Obama administration is pushing Congress to approve the continuation of payroll tax cuts that are due to expire at the end of the year. However, a GOP bill passed by the House of Republicans yesterday that would authorise the tax cut extension also contains a series of riders designed to roll back environmental protections and support the oil industry. | ||
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Hydropower Investment Could Create a Million Canadian Jobs
The Canadian Hydropower Association (CHA) reported today that a study it commissioned indicates hydropower investment could produce over 1,000,000 Canadian jobs over the next 20 years from construction activities alone. These are known as FTEs, or "full-time equivalents," where each represents one person employed for one year. The employment opportunities would occur in every region of the country. The business school, HEC Montreal, conducted the study, entitled Job Creation and Economic Development Opportunities in the Canadian Hydropower Market. Electricity ... | ||
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