big ideas for global investors Search
   Member Access       Sign-up       Newsfeeds        Companies        Stock Directories       Research       Video       Funding   

Keystone XL/Economic Thumbs Down - 200 Business Leaders Speak Out Against Controversial Energy Project


Ideas get bigger when you share them...

WASHINGTON - March 31, 2014 ( renewable energy stocks newswire) The Keystone XL tar sands pipeline is not in the nation's best interest economically or otherwise, say more than 200 business owners, investors and others from all corners of the country.

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

In a letter to the U.S. State Department, members of Environmental Entrepreneurs (E2) call on Secretary John Kerry to reject the pipeline. They cite the 35 permanent jobs promised by the project, in comparison to the economic potential of the clean energy and clean transportation sectors, which announced more than 78,600 jobs last year alone, according to E2's just-released 2013 Clean Energy Works for Us jobs report.

"The pipeline alone would produce nearly $100 billion in costs to our economy over its projected lifespan. These costs will be borne by U.S. citizens, businesses and taxpayers, while the profits from the pipeline will accrue to private corporations many of which are foreign interests" reads the E2 letter.

E2 joins other business groups, such as the American Sustainable Business Council, in opposing the tar sands pipeline because of its negative economic impacts.

Signers of the letter to the State Department include E2 members who represent myriad industries all across the country. The letter can be found here:

Environmental Entrepreneurs (E2) is a non-profit, non-partisan group of business leaders and others who promote sound environmental policies that drive economic growth. Our members, located in every state in the country, have built or financed more than 1,700 companies that have created more than 570,000 jobs, and manage more than $175 billion in venture and private equity capital. For more information, see

Press contact:

Jeff Benzak, 202-513-6248

Bob Keefe, 202-289-2373 or

More Info:

This news is published on the Newswire and its syndicated partner network

Publish Your News - Send a release
News now!

Get free news alerts: Sign up here

Published at the Newswire - Big ideas for Global Investors

Disclaimer/ Disclosure:The newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info:

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.

Free News Alerts

Read more News


Investor Ideas © 2000 - 2014®, ECON

Free Investor Stock Alerts
Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | services | sitemap |