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Green Jobs Creation in 
     Minnesota

          Trudy Richter
 Richardson, Richter & Associates, Inc.
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)
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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Minnesota Green Jobs Report

  • 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