China and Its U.S. Wind Farm Partner Promise More American Jobs
After a public outcry over China’s plan to seek $450 million in economic recovery funds to build a wind farm in Texas that would create only 30 U.S. jobs, the companies involved are now promising to put more Americans to work.
USA Today reports the companies—a U.S. private equity firm and a Chinese turbine maker—also will build a plant in the United States that will make wind turbines while employing 1,000 people. The companies did not indicate the timeframe for building the plant, which would be one of the biggest in the nation for wind turbines.
Bob Baugh, executive director of the AFL-CIO Industrial Union Council, says:
It’s a start, but it just shows how far we have to go [to catch up in the production of wind turbines and other clean-energy products.]
Shaft Workers, Get an Award for Corporate Social Responsibility
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Five months after Roger Agnelli, CEO of Vale Inco, provoked a strike by nearly 3,500 miners, mill workers and smelters at three mines in Canada, an employer group is honoring Agnelli—for demonstrating corporate social responsibility.
Brazilian-based Vale, the second-largest mining company in the world, recorded $13.2 billion in profits last year. But the company is demanding the workers, who are members of three United Steelworkers (USW) locals, give back hard-earned benefits and accept an inferior defined-contribution pension plan and take cuts in profit-sharing.
USW President Leo Gerard says the striking workers and their families have struggled since the strike began July 13. One of the mines is located in Sudbury, Gerard’s hometown.
Foreign Companies Cop 84 Percent of Stimulus Green Economy Funds
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Instead of creating thousands of new jobs for out-of-work Americans, the push for alternative energy is lining the pockets of foreign companies. A new study shows that of the $1.05 billion of stimulus funds spent on clean energy grants since Sept. 1, an astronomical 84 percent—or $849 million—has gone to foreign wind companies, with one firm collecting more than $500 million alone.
Russ Choma writes that the Investigative Reporting Workshop at American University found the Spanish utility company Iberdrola S.A. has collected $545 million in grants through its U.S. subsidiary. And the money doesn’t even have to go to create jobs. The group reports there are few restrictions on how the grants can be used. In fact, more than $800 million has been given to firms for wind farms that were already producing electricity before they received the grants.
This revelation comes as the public is becoming aware of and outraged by China seeking $450 million in economic recovery funds to build a planned $1.5 billion wind farm in Texas. The farm will create 30 permanent jobs in the United States and 2,000 jobs in China.
Hell No! We Won’t Send Our Tax Dollars to China
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United Steelworkers (USW) President Leo Gerard is outraged—as we all are—over the news that a planned $1.5 billion Texas wind farm—seeking financing with U.S. stimulus money—will create only 30 permanent jobs here, but 2,000 jobs in China.
Taking candy from a baby: A consortium of Chinese and American companies goes to Washington and announces plans to build a $1.5 billion windmill farm in west Texas using $450 million in U.S. stimulus funds, which will create 2,330 jobs—2,000 of them in China.
The baby—Washington’s Energy Dept., specifically—doesn’t cry or whine or spit in the consortium’s face. That’s what’s really wrong with this story.
Global Unions Condemn Mexico’s Move to Bust 44,000-Member Union
The global union movement is accusing Mexico’s president, Felipe Calderón Hinojosa, of systematically trying to bust independent unions and is demanding that he respect the rights of workers to form unions.
The latest example of Calderón’s anti-worker bias is the takeover last month by federal agents and police of the country’s second largest electrical power distributor, Luz y Fuerza (Central Light and Power). Calderón used an executive decree to dissolve the utility, but, in doing so, he also fired the entire 44,000-person workforce and disbanded their union, the 95-year-old Mexican Electrical Workers’ Union (SME), a frequent critic of the government’s policies.
Highlights from ‘Building the New Economy’
Last week, leaders from labor, business and politics came together in Washington, D.C., at the Building the New Economy conference, sponsored by the Alliance for American Manufacturing and the Campaign for America’s Future. A new video shows some highlights from the conference and discussions on the need to rebuild manufacturing in order to strengthen our economy.
Here’s what AFL-CIO President Richard Trumka had to say in his address to the conference:
Our goal must be to develop the best technology and industries that will convert our economy into a greener future, fueled by good jobs right here in America.
The one good thing about the economic collapse is that it lets us—quite frankly, it requires us—to think big.
You can see more comments here from conference attendees like Steelworkers President Leo Gerard, Sen. Sherrod Brown (D-Ohio), Gov. Ed Rendell (D-Penn.) and Rep. Rosa DeLauro (D-Conn.).
Time Running Out to Rebuild the U.S Economy
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The unwillingness of political leaders to act boldly for the nation’s economic future has put our prosperity in danger, and it’s past time to do something about it, union leaders and lawmakers said today.
Pennsylvania Gov. Ed Rendell (D) told the closing session of the Building the New Economy conference in Washington, D.C., that other nations, especially India and China, have made a huge commitment to rev up development of efficient energy sources and threaten to leave the United States in the dust. Said Rendell:
Time is running out. The science and technology are there, but do we have the will? The time of American economic dominance is fast disappearing. If we have an America that doesn’t make anything, then we become a second- or third-rate power.
Rendell, United Steelworkers (USW) President Leo Gerard and Rep. Earl Blumenauer (D-Ore.) made up the final panel for the conference.
Manufacturing Crucial for Building New Economy
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Over the next decade, America is poised to invest $2 trillion in infrastructure, health care and a greener economy, but that money must be invested strategically to build a new economy, not just retool the current model, which is not working.
Speaking this morning at the Building the New Economy conference in Washington, D.C., AFL-CIO President Richard Trumka said the global economic collapse requires us to think of long-term strategies to rebuild and restructure our economy, with a revitalized manufacturing sector at its core.
The one-day conference, sponsored by the Institute for America’s Future and the Alliance for American Manufacturing (AAM), is bringing together political, business, environmental and union leaders and economists to discuss the fundamental changes needed to create an economy that provides sustainable long-term growth and creates across-the-board prosperity.
Government Grows the Economy
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Economist Jeff Madrick, director of policy research at The New School’s Bernard Schwartz Center for Economic Policy Analysis, is among several key speakers at next week’s Building the New Economy conference here in Washington, D.C. AFL-CIO President Richard Trumka and United Steelworkers President Leo Gerard also are among keynote speakers. Here, Madrick shares with us why government involvement in the economy is essential to ensure a robust, successful nation.
America had been living a free-market myth for a generation until the credit crisis of 2008 and 2009 descended on the nation—and the world. One expression of that myth, found frequently on the editorial pages of the popular media, was that government does not grow economies, business does. In other words, government, don’t meddle where you’re not needed. Politicians are even easier to belittle than government itself.
Bad Climate Change Bill Could Cost 4 Million U.S. Jobs
Industries supporting more than 4 million U.S. jobs could be at risk unless lawmakers include strong provisions in climate change legislation to keep energy-intensive, trade-sensitive manufacturers competitive.
A new report says the legislation should include a system of rebates and allowances to help U.S. companies make the transition to lower carbon emissions and a tariff system, or border adjustments, to penalize countries that fail to regulate greenhouse gases in the production of goods.
The report, “Climate Change Policy,” released today by the Economic Policy Institute (EPI), says a well-designed climate policy can support the economic recovery and green investments can support millions of new jobs, starting with the creation of more than 1 million jobs in the next two years. Click here to read the report.
