Investing Stimulus Dollars in Advanced Energy Could Boost Post-Pandemic Economies
Government stimulus payments, whether state or federal, could help restart economies ravaged by the COVID-19 pandemic – and money applied to advanced energy could play an important part. In a series of independent reports, Analysis Group Principal Paul Hibbard and Vice President Pavel Darling reviewed the potential economic impacts of applying stimulus funds to develop advanced energy technologies, products, and services in several states.
The authors found that investing in advanced energy programs and infrastructure would significantly boost state economies and generate sizable numbers of jobs as each state works to recover from the pandemic’s profound economic and employment impacts. See the interactive map below for more information.
Funding for Analysis Group’s work was provided by Advanced Energy Economy (AEE), a national association of businesses committed to promoting secure, clean, and affordable energy. For the Texas, Michigan, and Minnesota reports, local organizations with similar goals were also involved.