Why can't I install cloud-init alongside rsyslog7?

Issue

• Attempting to install cloud-init package results in a package dependency conflict due to cloud-init requiring rsyslog capability:

# yum install cloud-init
Setting up Install Process
Resolving Dependencies
--> Running transaction check
---> Package cloud-init.x86_64 0:0.7.5-2.el6 will be installed
--> Processing Dependency: rsyslog for package: cloud-init-0.7.5-2.el6.x86_64
--> Running transaction check
---> Package rsyslog.x86_64 0:5.8.10-10.el6_6 will be installed
--> Processing Conflict: rsyslog7-7.4.10-3.el6_6.x86_64 conflicts rsyslog
--> Finished Dependency Resolution
Error: rsyslog7 conflicts with rsyslog-5.8.10-10.el6_6.x86_64

• How can I install cloud-init alongside rsyslog7?