CONTACT:
Thad Nation, (414) 412-7814
(MADISON, Wis.)—A study conducted by the Center for Climate Strategies showed that Wisconsin’s gross state product will increase by more than $1.4 billion as a result of the proposed Clean Energy Jobs Act, the coalition Clean, Responsible Energy for Wisconsin’s Economy (CREWE) announced today.
The Washington, D.C.-based nonprofit organization, along with researchers from Michigan State University and the University of Southern California, determined that the GSP will be boosted by $250 million in the first five years of the bill’s enactment, with the rest coming by 2025. The $1.41 billion translates to a net present value of $4.85 billion in constant 2000 dollars.
“It’s clear the state’s economy can benefit tremendously from the passing of the Clean Energy Jobs Act,” Thad Nation, executive director of CREWE, said. “Wisconsin’s lawmakers must work quickly to reach consensus on a bill so that this important opportunity is not lost.”
In addition to the increase in GSP, the study found that more than 16,000 jobs will be created through the bill (AB 649) by 2025. To view this report, please visit http://www.climatestrategies.us/ewebeditpro/items/O25F22680.pdf.
CREWE is a coalition that formed to advocate meaningful change in energy policy consistent with the Governor’s Global Warming Task Force final report, which will have a positive impact on Wisconsin’s economic development and security while fostering job creation.
CREWE’s membership consists of CleanPower, Alliant Energy, EcoEnergy, Johnson Controls, Xcel Energy, C5•6 Technologies, Axley Brynelson, Madison Gas and Electric, Orion Energy Systems, Forest County Potawatomi Community, Wisconsin Energy Corp., Poblocki Sign Company, Emerging Energies of Wisconsin, MillerCoors, American Transmission Co., WPPI Energy, DTE Energy Services, Kranz, Inc. and Greenwood Fuels.
The coalition is dedicated to joining forces with other supporters to promote responsible policies that address climate change; create jobs; promote energy efficiency, reliability and independence; and mitigate the economic impacts of rising energy costs.
For more information on joining this campaign, please visit http://www.WICREWE.com and follow CREWE on Twitter (@WI_CREWE).
