4,000 jobs possible in renewable energy: study
The Blue-Green Alliance of the Sierra Club and United Steelworkers is calling for a national requirement of 15 percent renewable electricity by 2020. The Renewable Electricity Standard is part of the energy bill before Congress.
At a press event using the Steel Winds wind farm on Lake Erie as a backdrop, local environmental and labor advocates said policies to encourage renewable energy can help create parts-making jobs, as well as construction, assembly and maintenance work.
The study, by the Renewable Energy Policy Project, estimates the economic impact of adding 185,000 megawatts of renewable energy capacity nationally over 10 years. There are 167 companies in Erie County poised to benefit by supplying wind, solar, geothermal and biomass generating industries, it said.
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Hydro One bends to government demands, caps CEO pay at $1.5M
TORONTO - Hydro One has agreed to cap the annual compensation of its chief executive at $1.5 million, the provincial utility said Friday, acquiescing to the demands of the Progressive Conservative government.
The CEO's base salary will be set at $500,000 per year, while short-term and long-term incentives are limited to $1 million. Performance targets under the pay plan will include the CEO's contributions to reductions in transmission and distribution costs.
The framework represents a notable political victory for Premier Doug Ford, who campaigned on a promise to reduce the annual earnings of Hydro One's board members.
In February, the province issued a…
