Cornell University Economists Debunk Keystone XL Economic Claims

Our friends at Cornell’s Global Labor Institute have led the way in building labor-environment collations. This study once again shows that union jobs and green jobs are closely tied and form a foundation for economic recovery and American prosperity. You can learn more about unions and sustainability on Wednesday nights from 7:00-10:00 in “Labor and Social Movement Approaches to Climate and Sustainable Development,” ILRIC 4313.

Reposted from TarSandsActon.org.

Cornell University’s Global Labor Institute just released a new fact sheet analyzing the latest economic data about Keystone XL, concluding that the project is far too risky to undertake in a fragile economic climate:

“The idea that Keystone XL is a “game changer” in terms of generating jobs and stimulating economic growth is a massive overstatement … However, building the Keystone XL pipeline represents a serious and long term commitment (valued at $14 billion) on the part of the U.S. to dirty fossil fuels—a commitment that will having a chilling effect on economic activity based on clean and renewable energy.”

In addition to this chilling effect, the risk of economic damage from spills and other pollution pose a long term threat to traditional economic activity that has supported local communities along the pipeline route for generations.

Read the entire report here: http://priceofoil.org/wp-content/uploads/2011/09/CU_KeystoneXL_090711_FIN2.pdf

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