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Trump administration begins sweeping layoffs with probationary workers, warns of larger cuts to come; NYC music school teachers strike after union negotiations break down; Ohio advocates push for inclusive policies during Black History Month; Health experts recommend sunshine, socializing to cure 'winter blues.'

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Federal workers tasked with securing elections from foreign interference are placed on leave, parents' organizations reject dismantling Dept. of Education, and the Congressional Black Caucus presses discussions on slavery reparations.

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Rural America struggles with opioids and homelessness in unexpected ways, Colorado's Lariat Ditch could help spur local recreation, and book deliveries revive rural communities hit by Hurricane Helene.

Report: WA's cap-and-invest program could add 45,000 jobs, $9 billion

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Thursday, September 19, 2024   

Washington's clean energy law could bring thousands of jobs and billions of dollars to the state, according to a new report.

Greenline Insights' analysis of the Climate Commitment Act, the state's cap-and-invest law passed in 2021, finds it will create 45,000 jobs and generate more than $9 billion in economic output over the next five years.

Jonah Kurman-Faber, founder of Greenline Insights and report co-author, said says the law has outsized returns for local economies and gains for the state as well.

"These investments from the Climate Commitment Act support labor-intensive local industries. We're thinking things like construction, manufacturing, business operations, transportation," he said.

The law could be repealed if Initiative 2117 on the November ballot is approved. Opponents of the Climate Commitment Act call it a "sneaky tax" on consumers.

Kurman-Faber noted that 45,000 jobs and $9 billion of return for the law is actually on the low end of their estimates.

The Climate Commitment Act is able to leverage money from sources like the federal government, and once this is factored in, the law could create 263,000 jobs and generate $50 billion over the next eight years. Kurman-Faber said states that get the most out of their money are the ones that use those investments to attract new sources to match funds.

"Think of things like federal dollars flowing in to provide grants or private industries investing in projects. The Climate Commitment Act is very good at attracting leverage," he continued.

The analysis finds jobs will be created in a wide range of sectors and that jobs created will pay, on average, 9% higher than the state median. Kurman-Faber said the new jobs will also have a high level of accessibility, too, since many will be open to people of any education level.

"With these jobs, there's not only a higher pay but also an easier route to career transition, or easier routes to opportunities for career transition for more residents in Washington," he continued.


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