New Report Shows New Jersey in Top 10 States for Renewable Energy Jobs

 State is Poised to Reclaim Leadership in Clean Energy Trenton, N.J. (May 23, 2019) – A new report shows that clean energy jobs are now a major part of New Jersey’s economy and that the state is well positioned to reclaim its role as a national leader in clean energy. The report by the national, […]

Reaffirmation of Paris Agreement Can Restore US Leadership

WASHINGTON (March 27, 2019) – Today,  HR 9 — the Climate Action Now Act — was introduced in the U.S. House of Representatives. The bill would reaffirm the U.S.’s commitment to the Paris Agreement. The following is a statement from Bob Keefe, executive director of the national, nonpartisan business group E2 (Environmental Entrepreneurs), which took […]

E2: Cap-and-Invest an Opportunity for Oregon Economy, Workers, Businesses

Statement from E2 Western States Advocate Andy Wunder SALEM, OR (February 1, 2019) – Yesterday draft language for the long-awaited Clean Energy Jobs Bill was released.  If passed, the legislation would create a Cap-and-Invest program that would place an economy-wide limit on greenhouse gas emissions, create a market-based program to drive least-cost emission reductions, and […]

Southern California Building Decarbonization Event

Building Decarbonization California’s Climate Change Mitigation FrontierWithCalifornia State Senator, Henry Stern City of Los Angeles Chief Sustainability Officer, Lauren Faber O’Connor City of Santa Monica Chief Sustainability Officer, Dean Kubani NRDC Senior Scientist, Pierre Delforge WHEN Monday, December 10, 2018 6:00 PM – 8:00 PM, with program beginning at 6:30PM WHERE TIATO 2700 Colorado Ave, Santa Monica, CA 90404 […]

Tell Congress: Bring Climate Leadership in 2019

The Trump administration tried to bury the latest volume of the National Climate Assessment by releasing it the day after Thanksgiving. The attempted burial failed. The New York Times and Washington Post – but also the Houston Chronicle and St. Louis Times-Dispatch, along with many other publications – covered the report. They covered the report because of the dire warnings around economic and environmental damage […]

Offshore Wind: Generating Economic Benefits on the East Coast

Date: August 30, 2018

REPORT

The U.S. offshore wind industry is poised for substantial growth, thanks to falling costs and increasing recognition by state and federal policy makers that there are tremendous economic benefits in harnessing clean, renewable energy offshore. BW Research, on behalf of E2, found that if each of the five states below added an average-sized offshore wind energy farm (352 MW) nearly 25,000 construction and operational jobs would be created up and down the eastern seaboard. The Department of Interior is developing lease sales for a strong pipeline of projects in this region—28 in total—which could equal 23,735 MW of new generating capacity, which if all developed would result in tens of thousands of more jobs and added economic benefits for those states. Through its expected growth over the next several years, offshore wind energy has the potential to significantly add to the Gross Regional Product (GRP) and state and federal tax revenues of South and North Carolina, Virginia, New Jersey, and New York.

OFFSHORE WIND ECONOMIC POTENTIAL:

  • If New York, New Jersey, Virginia, North Carolina, and South Carolina added an average-sized offshore wind energy farm (352 MW), nearly 25,000 jobs and $3.6 billion would be added to the states’ economies.
    • South Carolina – 5,647 jobs and $878 million economic benefits
    • North Carolina – 5,522 jobs and $710 million economic benefits
    • Virginia – 4,377 jobs and $641 million economic benefits
    • New Jersey – 4,313 jobs and $702 million economic benefits
    • New York – 4,063 jobs and $737 million economic benefits

OFFSHORE DRILLING’S ECONOMIC RISK

  • A one-month beach and fishing closure due to an oil spill off the coasts of New York, New Jersey, Virginia, North Carolina, and South Carolina would cost over $2.7 billion in GDP and $1.3 billion in lost wages.
    • South Carolina – $117 million in lost wages and $314 million in GDP
    • North Carolina – $57 million in lost wages and $120 million in GDP
    • Virginia – $90 million in lost wages and $175 million in GDP
    • New Jersey – $163 million in lost wages and $307 million in GDP
    • New York – $870 million in lost wages and $1.8 billion in GDP

LOOKING FOR MORE INFO?

If you are looking for additional insight into E2’s Offshore  Wind report, including specific info about a state or to connect with business leaders on the East Coast who support increased offshore wind development and policies that grow clean energy jobs, contact E2 Communications Director Michael Timberlake ([email protected]).

The complete report is available here.

 

View Report »

The 3 Rs of Electricity: Reliability, Resilience, & Renewables (Boston, MA)

The days of large coal, nuclear, and gas-fired power plants are waning. More than 100 cities, from Seattle to Nairobi, now receive at least 70 percent of their electricity from renewable energy. One of the leading drivers of this energy revolution is the need for greater resilience. A major part of the answer? Installation of […]

Oregon: Changing Climate, Economic Impacts, & Policies for Our Future

Date: July 25, 2016

“Oregon: Changing Climate, Economic Impacts, and Policies for our Future” is a first-of-its-kind resource for businesses, entrepreneurs, and policymakers. In addition to examining the economic threat climate change poses to Oregon, the report highlights the economic benefits and job opportunities that can be created by deploying more clean energy.

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The Economic Benefits of Military Biofuels

Date: November 14, 2012

The military’s plans to expand its use of biofuels in planes, ships and other vehicles would generate at least about $10 billion in economic activity and create more than 14,000 jobs by 2020. A synopsis can be found here.

View Report »

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