The investment objective of Horizons HEE is to provide Unitholders with: (a) exposure to the performance of an equal weighted portfolio of Canadian companies that are involved in the crude
oil and natural gas industry;
and (b) monthly distributions of dividend
and call option
income.
Subtitle B: Disposition of Allowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity,
natural gas,
and / or home heating
oil and propane consumers; (3) for auction, with proceeds for the benefit of low
income consumers
and worker investment; (4) to energy - intensive, trade - exposed
industries; (5) for the deployment of carbon capture
and sequestration technology; (6) to invest in energy efficiency
and renewable energy; (7) to be distributed to Energy Innovation Hubs
and advanced energy research; (8) to invest in the development
and deployment of clean vehicles; (9) to domestic petroleum refineries
and small business refiners; (10) for domestic
and international adaptation; (11) for domestic wildlife
and natural resource adaptation;
and (12) for international clean technology deployment.
A recent PricewaterhouseCoopers study reveals some important numbers about the U.S.
oil and natural gas industry, in terms of employment, labor
income and value added in 2011:
With above - average salaries
and an abundance of career opportunities projected over the next two decades, the
oil and natural gas industry offers solutions to wage stagnation
and income inequality, which remain major concerns in our still - struggling economy.