Will there be one? It has been almost a year since the U.S. House of Representatives passed a landmark bill to mitigate climate change, create green jobs, and lessen U.S. dependence on foreign oil.

What does this mean for Canada? Canada has presumably drafted its own policy framework and climate action plan that can be adjusted when we see the final U.S. Congressional product.

Canadian business and government can take heart from the conclusions of a study released May 21, 2010 by the Peterson Institute for International Economics. The study concludes that proposed U.S. legislation would create a decade of $41.1 billion in economic investment and create 200,000 jobs per year in construction and other activities associated with the transition to nuclear power and renewables.

Learn more about the Climate Policy.