Connecticut: Transportation and Energy Reforms Could Bring $11 Billion in Economic Benefits and 33,000 New Jobs
New Analysis Released to Incoming Connecticut Administration
HARTFORD, CT – Today, Acadia Center released new analysis showing the impact a shift toward better transportation infrastructure and cleaner energy would have in improving Connecticut’s economic and environmental future. Acadia Center’s “Memo to the Next Governor of Connecticut” recommends concrete steps that will deliver significant economic, consumer and public health benefits to the state. The analysis shows that modernizing the state’s transportation system alone could produce over $6.9 billion in new economic benefits, add 14,900 new jobs, and create $3.7 billion in public health and other benefits. All told, Acadia Center’s analysis indicates that the state could add about $11 billion in new economic benefits and create about 33,000 new jobs through five transportation and energy reforms.
“Making Connecticut’s transportation infrastructure and its energy system work better for all state residents and businesses is smart economic strategy,” said Daniel Sosland, Acadia Center’s President. “This analysis focuses on five transportation and energy reforms that will have the most direct impact on Connecticut’s economy while also enhancing quality of life for its people and communities. The recommended reforms are achievable, the benefits are concrete, and the time is now to build a stronger Connecticut.”
The memo calls on the new administration to undertake five reforms to achieve these goals and benefits:
1. Modernize transportation infrastructure to improve safety, access, and convenience;
2. Transition power generation to cheaper, cleaner, and more resilient local sources;
3. Improve energy performance in buildings to reduce costly energy use and emissions;
4. Reform energy grid rules to reduce high energy costs and speed energy innovation;
5. Give communities and consumers more control over their energy choices.
“This new analysis underscores how important it is to remake Connecticut’s transportation and energy systems as a core part of the state’s new economic strategy,” said Amy McLean Salls, Acadia Center’s Connecticut Director. “Newly-unleashed investments and innovation will drive economic progress, improve quality of life, and extend benefits to communities and residents who have historically been overlooked.”
“The five recommended reforms complement Governor-Elect Lamont’s plans to create new economic growth and jobs in the state. These reforms will help make that vision of a more prosperous and livable Connecticut a reality,” said McLean Salls.
The full memo is available here.
Media Contacts:
Amy McLean Salls, Connecticut Director & Senior Policy Advocate
amcleansalls@acadiacenter.org, 860-246-7121 ext. 204
Krysia Wazny McClain, Communications Director
kwazny@acadiacenter.org, 617.742.0054 ext. 107