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Green Jobs Creation in Minnesota
Green Jobs Creation in Minnesota
Green Jobs Creation in Minnesota
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Green Jobs Creation in Minnesota

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  • 1. Green Jobs Creation in  Minnesota Trudy Richter Richardson, Richter & Associates, Inc.
  • 2. Minnesota Policy • 25% Renewable Electricity by 2025   (216B.1691) • 1.5% Annual Energy Savings of Electricity and Natural Gas   (216B.2401) • 30% Reduction of GHG emissions from 2005 levels by 2025  (216H.01) • Protect, Preserve and Restore Quality of Minnesota’s Surface  Waters (114D.10) • 25% of Minnesota’s Energy from Biofuels by 2025   (41A.10 & 41A.11)
  • 3. Overall Observations More green jobs related activity going on then originally identified although  • limited in its direct relationship to economic development activity Strong labor force statistics and robust educational training capacity are  • attractive to businesses Cost of business factors (Tax, Workers Comp, Electricity rates) in Minnesota  • may be a barrier to attracting/ expanding firms There is an overall need for more venture and angel capital in the state • International economic crisis is impacting Minnesota – over 30,000 jobs lost  • in past year Minnesota does not bring back its share of federal funding ($.72/$1) – lags in  • research and development funding * Data in this slide provided by GSP Consulting

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