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The Clean Energy Economy



The Clean Energy Economy: Connecticut

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PRESS RELEASE: Connecticut Clean Energy Economy Driving Job Growth – Pew Charitable Trusts, June 10, 2009

Connecticut has a small but growing piece of America's clean energy economy. It is one of seven states and the District of Columbia where total jobs declined but jobs in the clean energy economy increased between 1998 and 2007. Connecticut ranks among the top five states in clean technology patents and has attracted more than $30 million in venture capital over the past three years, more than 40 percent of which has been invested in clean energy generation. Connecticut Innovations (CI), a quasi-public authority, has earned the state more than $510 million since 1989 by investing in emerging companies. In November 2008, CI announced it will administer a new $9 million Connecticut Clean Tech fund, which will be invested in early-stage technology companies that focus on conserving energy and resources, protecting the environment or eliminating harmful waste.

 

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