New York to Invest $1.5 Billion in Renewable Energy Projects

In the wake of President Trump’s decision to pull from the Paris Agreement, an international pact to lower greenhouse gas emissions, New York decided to push a major clean energy initiative. Governor Andrew Cuomo announced last Friday that the state would be investing $1.5 billion into renewable energy projects such as wind, solar arrays, hydro and fuel cell technology. This is all in an effort to reach the goal of generating 50% of electricity from renewables by 2030.

In a statement on the current administration’s decision to leave the global pact, Governor Cuomo said “his administration is abdicating its leadership and taking a backseat to other countries in the global fight against climate change.” He continued by saying that “New York State is committed to meeting the standards set forth in the Paris Accord regardless of Washington’s irresponsible actions.” (http://bit.ly/2rQ9v8C)

Cuomo also announced the Clean Climates Careers initiative, which he refers to as “a multi-pronged strategy to grow New York’s emerging clean energy economy and prepare the workforce for the long-term careers associated with this industry.” (http://bit.ly/2rQ9v8C) This new initiative is being worked on in conjunction with the Worker Institute at Cornell University.

The first phase of the plan will be to take the $1.5 billion and put it into various renewable energy projects. A majority of the initial funding will go toward expanding the state’s energy efficiency and solar installations for public buildings such as schools. New York also issued proposals to build renewable energy projects that will generate 2.5 million megawatt-hours of electricity a year, this is enough to power about 350,000 homes.

To help create jobs, the initiative will invest $15 million in educators and trainers that are partnered with the clean energy industry to help create training and apprenticeship opportunities. The governor has high hopes that this initiative will create 40,000 clean jobs by 2020.

This initiative shows that some states are taking it upon themselves to address this issue. Putting more money into clean energy is a big move for New York that is sure to help more than hurt, especially with the amount of jobs it is expected to create. One of the biggest stigmas of the manufacturing industry is the amount of CO2 emissions that it generates, so any work that is done to lower that impact accomplishes a great deal for the industry. Manufacturing Talk Radio will be keeping a close eye on Governor Cuomo’s initiative, so make sure to keep checking back for the latest information.

Sources:

ny.curbed.com/2017/6/2/15731924/new-york-climate-change-andrew-cuomo-paris-agreement

www.manufacturing.net/news/2017/06/cuomo-announces-15-billion-renewable-energy-projects