* Green Economy Recovery
The "Green Recovery" report is part of a larger proposal by several labor and environmental organizations to improve the shaky American economy by infusing $100 billion - the amount spent on the 2008 economic stimulus checks - into promoting renewable energy, retrofitting buildings to be energy-efficient and expanding public transportation. The proposal could create 2 million jobs nationwide, provide more jobs than an equal investment in the oil industry and bolster employment in the construction and manufacturing fields, according to the study.
The report was prepared by the Political Economy Research Institute at the University of Massachusetts, Amherst, using data from the federal and state levels of the Department of Commerce. About half of the proposed $100 billion could come from tax credits, $46 billion from government spending and $4 billion in federal loan guarantees. One way to get the money would be to close tax preferences for oil companies, and another could be revenue from emissions-trading markets, said Robert Pollin, one of the report authors and co-director of the Political Economy Research Institute at UMass Amherst.
* EPA Powers Up Contaminated Sites (aka Brownfields) into Renewable Energy
In a novel approach to return land to productive use, EPA has identified thousands of properties that could potentially host solar, wind or biomass energy production facilities. EPA pinpointed these energy assets using Google Earth and has listed each property's attributes for energy redevelopment.
"EPA is putting renewable energy production on the virtual map," said EPA Administrator Stephen L. Johnson. "Our new interactive Website encourages states and energy companies to put previously contaminated properties back to work."
* Great Lakes Compact Awaits Bush's Signature
The House gave final approval Tuesday to an interstate agreement designed to protect the water in the Great Lakes.
The eight-state agreement, which has been years in the making, comes amid concern that thirsty regions of the country and the world could attempt to tap into water from the lakes as their own water supplies diminish. The five Great Lakes hold about 90% of the nation's surface freshwater, providing drinking water for more than 30 million people.
"This prevents a run on our water," said Rep. Paul Ryan, a Janesville Republican. "This puts all the stakeholders on the same page to protect our crown jewel."
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