Economy & Business

"Study: Pollution Rules Will Create Jobs, Push Up Rates"

"Proposed rules governing air pollution generated by the nation's power providers could cost the industry nearly $200 billion in upgrades and new, cleaner generation but provide four to eight times that amount in economic benefits, with Tennessee being one of the big winners, according to a recent study."

Source: Knoxville News Sentinel, 03/07/2011

"Author Explains History Behind Tunnel Disaster"

An author tells the story of the Hawks Nest, WV, hydroelectric tunnel, whose drilling Union Carbide began in 1927. It was run as a mining operation, but not regulated by any government agency. Of the 5,000 men who worked on the tunnel over 18 months, at least 764 men, mostly African-American migrant workers, died of the industrial disease silicosis, well known even then. Managers wore protective masks during inspection visits, but did not provide any to workers. The company hired doctors to tell the men it was their fault, and buried them in unmarked mass graves. West Virginia kept the story out of the state's history curriculum until last year.

Source: Beckley Register-Herald, 03/07/2011

"House Oversight Democrats Bait GOP Over Troubled Oil-Lease Program"

Some House Democrats, citing a GAO report, say Republicans should start their efforts to reduce the deficit by collecting the money legally owed the Treasury by oil and gas companies who profit from taxpayer-owned resources they extract. For decades, oil companies have been underpaying.

Source: Greenwire, 03/04/2011

Benefits of Clean Air Act Rules to Reach $2 Trillion a Year, EPA Says

"A two-decade-old crackdown on smog and soot under the Clean Air Act will yield about $2 trillion in annual benefits by 2020, according to a study that was released by U.S. EPA this morning and was touted as proof that the embattled agency's rules are an economic boon for the American people."

Source: Greenwire, 03/02/2011
April 5, 2011

SEJ Toronto Pub Night

Journalists are invited to join Toronto-area SEJ members at our monthly pub night. In April, our guest will be Jim Stanford, economist with the CAW and author of Economics for Everyone.

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