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The Clean Energy Economy



The Clean Energy Economy: Virginia

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PRESS RELEASE: Virginia Clean Energy Economy Has Driven Explosive Job Growth – Pew Charitable Trusts, June 10, 2009

Virginia has a large and growing piece of America's clean energy economy. While total jobs in the state grew more quickly than jobs in its clean energy economy between 1998 and 2007, Virginia still had nearly 17,000 clean energy economy jobs as of 2007, higher than the national average. The state attracted almost $71 million in clean technology venture capital in the past three years, with more than 80 percent of those investments aimed at the category of Energy Efficiency—a sector that experienced 38 percent job growth between 1998 and 2007. In April 2009, Virginia increased its voluntary renewable energy portfolio goal for electric utilities to 15 percent by 2025, which could bolster the state's share of the clean energy economy.

 

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