Regional News
Report finds economic benefits great for NYS, other states that invest in green energy
Brookings
found the states known to have clean energy funds have invested $2.7 billion in
renewable energy in the past decade. And they’re seeing that investment come
back four-fold.
A co-author of the report, Lew Milford, says New York is doing particularly
well.
‘I think the bottom line here is that a state like New York really is showing
the way. That it’s important to do everything, as much as possible, from
supporting projects to supporting industries to doing work force training,’
says Milford.
Milford says New York has done a good job cultivating its own industry instead
of trying to poach companies from other states. Specifically, the state has
seen a number of companies invest in battery and energy storage technology.


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