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April 11, 2024 27 mins

I'm All About Innovation and Innovators So I Love This Story.

In his new book “Clean Economy Now: Stories from the Front Lines of an American Business Revolution" Bob Keefe the Executive Director of E2 a national nonpartisan business group of 10,000 business leaders which has been around for 25 years, describes his recent travels across the country. 

 

He wanted to witness first-hand all the clean energy projects in motion because of the significant private sector investment and job creation that’s happened incredibly fast over the past 20 months since The Inflation Reduction Act.

 

Bob checked in on my show live from the Annual Society of Environmental Journalists, at the University of Pennsylvania co-hosted by the Penn Center for Science, Sustainability, and the Media, in collaboration with the Annenberg Public Policy Center.

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He joined me live just minutes after the recent earthquake we had in the northeast rattled my radio studio in Greenwich CT.

 

Though the quake did hit parts of PA, and Bob and I had some fun talking about earthquakes in general since Bob is from L.A., Bob said he didn’t really feel it, but what he mentioned he was feeling is an economic earthquake.

 

It's an economic revolution like we haven't seen says Bob. And he’s making sure we are all paying attention.

 

“I truly believe that we are at the advent of an American economic revolution, the likes of which we have not seen in this country in generations, maybe if ever. And let me tell you why I say that.

 

“Right now, my organization is tracking clean energy job projects around the, or clean energy projects around the country since the passage of the landmark IRA, the Inflation Reduction Act and some other policies 20 months ago. And what we know is this, there are more than 300 major factories and other projects, clean energy projects, coming out of the ground across America right now. $118 billion worth of private sector investment. That's companies that are putting money into these projects. “

“These aren't government grants or loans. These are companies investing in America. A hundred thousand jobs have been already announced just in those past 20 months. When in this country have we ever seen 300 factories and other major projects coming out of the ground? When have we seen this kind of investment?”


“We have foreign companies that are investing in the United States and creating jobs here now versus taking American jobs and doing stuff overseas. And it's not just creating all this economic growth, it's putting America on competitive again with the rest of the world.”

 

“We understand that we can't have a good economy without a good environment, and we can't have a good environment without a good economy. “

 

Bob points out that In New York alone there have been about a dozen major projects that E2 has tracked. $800 million worth of private sector investment in New York from companies, 3,000 pl

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