A new report says Michigan could gain more than 70,000 jobs if voters approve a Renewable Energy Proposal in November.
Michigan State University researchers say those jobs would come over the next dozen years from a policy that would require utilities to generate more renewable energy, a move they say would generate more than $10 billion in new investments.
“You’re looking at a little over $10.3 billion worth of investment to make it happen, and that’s investment in wind, solar, biomass, anaerobic digestion, etc, etc, and the outcome of those investments as we run them through the economic modeling is roughly 74,000 job years,” said Charles McKeown, an economic specialist at MSU.
The proposal requires utilities to generate 25 percent of their electricity from renewable sources by 2025.
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Source: Michgian Businesses for Clean Energy
