Menu
“Massachusetts could soon become the new leader in climate and environment technology, as the race to find solutions for sustainability and emissions mitigation heats up around the world.
A $1 billion proposal for Massachusetts to become a global leader in climate technology by Gov. Maura Healey and the emergence of environmental startups and think tanks are among the reasons why The Bay State may emerge as the nation’s climate solution hub in the near future.
But the foundations for seeing environmental initiatives from their inception to public market have long existed in Massachusetts, home to some of the most prestigious research institutions and scientific discoveries in the world, as well as existing infrastructure that allows production to be achieved much faster, according to experts in the state.
Climate tech is any technology and any type of company that’s working to fight against climate change — from solar power, offshore wind, hydropower, as well as fusion and decarbonization of existing processes such as construction — Massachusetts Secretary of Development Yvonne Hao told ABC News.”
Launched on June 1, 2017 by the governors of Washington, New York, and California to help fill the void left by the previous administration’s decision to withdraw the U.S. from the Paris Agreement, the Alliance has grown to include 24 governors from across the U.S. representing approximately 60% of the U.S. economy and 55% of the U.S. population. Governors in the Alliance have pledged to collectively reduce greenhouse gas emissions by at least 26-28% below 2005 levels by 2025, at least 50-52% below 2005 levels by 2030, and collectively achieve overall net-zero greenhouse gas emissions as soon as practicable, and no later than 2050.
The Alliance’s states and territories continue to demonstrate that climate action goes hand-in-hand with economic growth, job creation, and better public health. While reducing emissions by 18% between 2005 and 2021, Alliance members grew their collective GDP by nearly 30%. The coalition’s states and territories are employing more workers in the clean energy sector, achieving lower levels of dangerous air pollutants, and preparing more effectively for climate impacts and executing more pre-disaster planning than the rest of the country.
###
