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The Clean Energy Economy



The Clean Energy Economy: Massachusetts

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PRESS RELEASE: Massachusetts Clean Energy Economy Jobs Grew Faster than Overall Jobs – Pew Charitable Trusts, June 10, 2009

Massachusetts has a large and growing piece of America's clean energy economy. The state had nearly 27,000 jobs in its clean energy economy in 2007. It is one of seven states, along with the District of Columbia, where total jobs fell but jobs in the clean energy economy increased between 1998 and 2007. Massachusetts' job growth in the Clean Energy category was particularly strong, growing 30 percent between 1998 and 2007. That sector received an additional boost last year when the state launched Commonwealth Solar, a $68 million rebate program to help lower the cost of purchasing and installing solar electric power. Massachusetts remains a hub for innovation, ranking sixth among states in clean technology patents in the past 10 years; it trails only California in clean technology venture capital funding, attracting nearly $1.3 billion in private investment in the past three years.

 

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