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The Clean Energy Economy



The Clean Energy Economy: Louisiana

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PRESS RELEASE: Louisiana Clean Energy Economy Jobs Grew More than Six Times Faster than Overall Jobs – Pew Charitable Trusts, June 10, 2009

Louisiana has a small but fast-growing piece of America's clean energy economy. The state's jobs in the clean energy economy have grown much faster than total jobs in the state despite a lack of venture capital investments and limited research activity in clean technologies. While the majority of Louisiana's jobs in the clean energy economy in 2007 were in the Conservation and Pollution Mitigation category, jobs in the Energy Efficiency category grew the fastest across the state between 1998 and 2007. Louisiana has an aggressive clean energy incentive program: The state provides a tax credit for the purchase and installation of residential solar and wind energy systems worth 50 percent of the first $25,000 of the system's cost, including installation.

 

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