Clean Energy Business Zones: A tool for economic growth

Grist.org
Josh Freed // January 8, 2010

Whether it was steel, the railroad, the automobile, or the Internet, America’s leadership in technological innovation has made it the world’s economic power for the last 100 years. Today, we’re on the brink of the next revolution with the transition to clean energy. Of course, new technologies inevitably push old ones aside—personal computers, for example, killed typewriter industry in the 1980s.

The transition to clean energy will inevitably have the same effect. While many communities will immediately prosper from new solar and wind plants or advanced battery production, others will initially lose jobs and even businesses or industries. Yet these same communities that might suffer during the transition, particularly those in the industrial Northeast and Midwest and rural South and Plains, could capitalize on clean energy. They just don’t have access to the economic tools to do it on their own. That is why Third Way worked with Rep. Dan Maffei (D-N.Y.) to develop Clean Energy Business Zones (CBiZ).

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