POLITICO Tech
Massachusetts Gov. Maura Healey’s big bet on climate tech
Jun 7, 2024
Massachusetts Governor Maura Healey plans to invest $1 billion in climate tech, aiming to position the state as a global leader. She discusses the potential for economic growth, job creation, and clean technology innovations, while expressing concerns about former President Donald Trump's impact on climate initiatives.
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Quick takeaways
- Massachusetts Gov. Maura Healey plans to invest $1 billion in climate tech to boost the state's economy and create 34,000 new jobs.
- Governor Healey stresses the urgency of sustaining climate-focused policies and investments amid concerns of the potential impact of former President Donald Trump's return to office.
Deep dives
Investing in Clean Technologies and Climate Tech in Massachusetts
Massachusetts Governor Maura Healy has committed to investing $1 billion over the next decade in climate technology, aiming to position the state as a global leader in decarbonization efforts. The state has already seen success in clean technology ventures, with companies developing green steel, green cement, electric hydrogen, and renewable energy solutions. Governor Healy emphasizes the significant return on investment, estimating a 12 to 1 ROI with the proposed billion-dollar plan generating $16 billion in GDP and creating numerous jobs.
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