Paper

Leveraging State Clean Energy Funds for Economic Development

January 11, 2012, Lewis M. Milford, Jessica Morey, Mark Muro, Devashree Saha and Mark Sinclair

At a moment of reduced federal clean energy investment, state clean energy funds offer a source of funding for clean energy development. This paper argues that these funds, which have already been used for investments in project finance and deployment, are ideally positioned for experimentation on clean energy-related economic development activities.