Is Indiana Prepared for the Future?
Updated: Feb 17, 2020
Salesforce. Amazon. Google. Cummins. What do all these companies have in common?
They all want renewable energy, and they want it in Indiana! They want to buy it, they want to power their stores and factories with it, and they only want to invest in companies that use it. Amazon even has its name on a wind energy farm in western Indiana.
The market is speaking and it’s saying, “renewable energy.” Consumers are increasingly calling for renewable energy. It’s the way of the future and Indiana better get on board, or we are going to be left behind.
Indiana has jobs and investments to gain by remaining competitive in renewable energy.
Some of our neighboring states are farther ahead than Indiana in renewables and are better positioned to reap the benefits – but I believe we can catch up and lead the way…we are Hoosiers, after all.
A recent study by Wood Mackenzie estimates that almost 1,000 jobs could be created each year (177 full-time operations jobs and 787 temporary construction jobs) in Indiana from renewable energy developments in order to meet business demand. That could mean over 11,000 new Hoosier jobs over the next 10 years. And under a growth projection, that number could jump as high as 24,000 new jobs. Wow! I know Warren County could use a few of those, and I’m sure your counties could too.
And according to BloombergNEF,10% of all renewable energy capacity added in 2019 was due to corporate contracts that totaled $20 billion dollars of investments around the world. Some of those investments belong in Indiana, bringing benefits to many rural Hoosiers -- like Hoosier family farms who could pay for their kids’ college, our counties getting a new revenue stream to update the firehouse, the local school making needed improvements to classrooms, our neighbors and families landing new construction jobs, finding a wind tech job, or seeing a surge of customers at the diner. That’s an investment in Indiana we can’t afford to pass up.
Just last year our legislature rolled out the red carpet for data centers in Indiana with a new tax break aimed at luring them here. We have the labor, the land, and the business environment, but will we have the renewable energy they seek? Whether it’s Amazon, Microsoft, Facebook, or Google, the story is the same: renewable energy is the future.
Some of our neighboring states are farther ahead than Indiana in renewables and are better positioned to reap the benefits – but I believe we can catch up and lead the way…we are Hoosiers, after all. The question is – will our elected officials embrace the future – or will they stand in the way?