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LUMA Energy truck

Michelle Kantrow September 18, 2023
LUMA Energy has contracted Canadian firm AtkinsRéalis Group Inc. to provide architecture and engineering design services to improve and strengthen Puerto Rico’s transmission and distribution infrastructure.

LUMA Energy has contracted Canadian firm AtkinsRéalis Group Inc. to provide architecture and engineering design services to improve and strengthen Puerto Rico’s transmission and distribution infrastructure.

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QUOTE OF THE WEEK:

“In an economic context where Puerto Rico is experiencing a clear slowdown and where key sectors like construction are struggling to find workers, cutting the [Earned Income Tax Credit (EITC)] will discourage participation in the formal economy and hinder our economic growth.

 

In an environment where federal funds are decreasing, adding local austerity through EITC cuts could not only cause our labor force participation rate to drop again, but also force local businesses to absorb much of the reduction if they want to maintain the current incentives for formal employment and prevent part of their workforce from returning to the informal sector.”

 

— Daniel Santamaría-Ots, co-executive director, Espacios Abiertos

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