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Incentives in the News: The Brookings Institute and Job Incentives

A recently released report from the Brookings Institute highlights the most promising ways they believe cities, states, and regions can move forward in attracting businesses and creating jobs in a responsible and fair way. The study also confirms analysis done by C2ER of the State Business Incentives Database. Continue reading

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The Clean Energy & Economic Development Nexus

This is a guest blog post by the Minnesota Department of Employment and Economic Development (DEED). For comments or questions, please e-mail Weston Merrick, Economic Analyst at DEED.

In the past few months, the EPA’s proposed rules change and the U.N. Climate Change summit have brought renewed focus to the nation’s energy mix. These conversations generally center on the high economic cost of abandoning fossil fuels, but what goes unsaid is the massive energy void clean sources will likely fill.

Clean Energy offers states abundant, reliable, and increasingly cost effective sources of energy. For states without fossil fuels, it allows them to replace energy imports with local production. Moreover, this local production tends to create stable, high-paying jobs. Some states and regions have begun to grasp this latent opportunity and are working to identify and cultivate clean energy employment and industry clusters. Continue reading