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SSTI Digest

New Governors Make TBED and Economic Development a Priority

Last Tuesday's elections resulted in the selection of 11 new governors across the country, and could lead to important changes for TBED communities in many states. Six races resulted in a change of party affiliation in the top state position, including races in Arkansas, Colorado, Maryland, Massachusetts, New York and Ohio. All six governorships changed from Republican to Democratic administrations. This is the first time in 12 years that a majority of governors have been Democrats.

 

Incumbents won gubernatorial races in 25 states, and 14 governors did not face re-election this year.

 

But what changes are in store for the states with new leadership? Several of the governors-elect made economic development and TBED a part of their platforms throughout their candidacy. Here is a sampling of policies and programs announced by some of the governors-elect on their official websites as collected by SSTI:

 

Arkansas

Missouri Passes Embryonic Stem Cell Amendment

Voters in Missouri approved, 51 percent to 49 percent, an amendment to the state constitution that will prohibit state or local governments from preventing embryonic stem cell research. The amendment also defines what type of research is permitted.

 

The vote comes after years of controversy in the state with frequent attempts by some state legislators to restrict the research in the state. The amendment is the first of its kind in the nation to remove the issue from the legislature and put it directly to the voters.

 

The amendment will accomplish the following, according to the fair ballot language on the website of the Missouri Secretary of State:

Dems Pick up Nine Legislative Chambers; GOP Picks up One

The wave that swept the Democrats into control of Congress manifested itself on the state level in the legislatures as well. Democrats took control of nine chambers, while Republicans picked up one. After Tuesday's election, the Democrats took control of the following chambers: Indiana House, Iowa House and Senate, Minnesota House, Michigan House, New Hampshire House and Senate, Oregon House, and Wisconsin Senate. Republicans picked up the Montana House.



Final results are still uncertain in the Pennsylvania House, where the Democrats hoped to regain control. As of Nov. 11, press reports indicated that Democrats had won 101 seats in the Pennsylvania House, the Republicans had won 99 seats and were leading in three other races.



As a result of the elections, Democrats will control both chambers in 23 legislatures, Republicans will control both in 15, and chambers will be split in 10 states. The total comes to 48 because of the uncertainty in Pennsylvania and Nebraska, which has a unicameral legislature.



Higher Education Issues: Bonds and Affirmative Action Ban Pass

Last Tuesday's election included four ballot initiatives pertaining to the issuance of bonds for capital improvement projects at higher education institutions as well as a highly watched amendment to the state constitution in Michigan to ban public institutions from utilizing affirmative action practices. All five measures passed.

Four States Reject Spending Restrictions; Tax Limitation Approved in Arizona

Five states voted on measures that would have the effect of limiting the growth of government expenditures or taxes. Four states rejected the measures, while Arizona narrowly approved its measure.

Renewable Energy Measure Approved in Washington, Fails in California

Two states had measures on the ballot to address energy conservation and encourage alternative energy production and technology. While Washington's measure passed, California's failed.

 

Washington's Initiative 937 will result in targets for energy conservation and use of renewable energy resources for all electric utility companies that serve more than 25,000 customers in the state. Electric companies will required to provide 3 percent of total electricity to its retail customers from renewable resources by 2012, with that percentage eventually increasing to 15 percent of total electricity distribution by 2020.  Renewable resources include wind farms, solar panels and geothermal plants. This initiative passed 52 percent to 48 percent.

 

Manufacturing Assistance Approved in Oklahoma

Voters in Oklahoma approved 54 percent to 46 percent State Question 725, which was intended to provide financial assistance to "high-risk" manufacturers in the state, in order to minimize the possible loss of employment. Funds provided to each manufacturer by the state would be limited to 10 percent of the manufacturers in-state capital investment. The source in the budget for this initiative would be Oklahoma's Rainy Day Fund, which can only be accessed when the fund is at least $80 million, and annual funding would be limited to $10 million total.

Job Corner: Delaware ETC Seeks Executive Director

The Delaware Emerging Technology Center (ETC) is seeking an individual to be the center's inaugural executive director. The ETC is a public-private partnership focused on providing services and working to tailor programs to the unique needs of technology businesses and entrepreneurs in the state. Compensation is commensurate with experience and includes an attractive incentive package. A full description of this opportunity and others is available through the SSTI Job Corner at http://www.ssti.org/posting.htm.

Pennsylvania Launches $90M to Boost Clean Energy Innovation

Many states are now pursuing seed and venture investment strategies to support the growth of clean energy businesses. Last month, Pennsylvania concluded a year-long series of meetings with private sector investors, financial experts, and nonprofit state energy funds and introduced a $90 million strategy to leverage public and private capital for renewable energy. The plan links economic development and environmental protection in a manner intended to promote the state as a leader in emerging clean energy industries.

 

DOE, USDA Announce $34.5M for Renewable Energy Research

Earlier this month, representatives from the clean energy community in all 50 states met in St. Louis to address the growing need for alternatives to fossil fuels. Advancing Renewable Energy: An American Rural Renaissance, a national conference sponsored by the U.S. Departments of Agriculture (USDA) and Energy (DOE), hosted a range of discussions on the future of renewable energy technologies and President Bush's Advanced Energy Initiative.

 

The event also gave Secretary of Agriculture Mike Johanns and Secretary of Energy Samuel Bodman an opportunity to announce $34.5 million in awards and other funding for renewable energy research and development. The funds will be distributed among the department's ongoing partnerships to support research in biomass genomics, solar energy and cost-effective biomass power.

 

Recent Research: Wind Power Promises Big Returns for State Economies

Wind power is the fastest-growing method of renewable power generation in the U.S. This new attention is due to the fact that, over the past 20 years, the cost of harnessing wind for the production of electricity has fallen 90 percent. The relative affordability of wind power has made wind a prime target for investment by states looking to increase their energy independence and to reduce their contribution to global climate change. A recent study suggests there might be another justification for this investment. The National Renewable Energy Laboratory (NREL) reports that wind power offers greater direct economic returns on state investment than other sources of power, including coal and natural gas.

 

Michigan, Tennessee Plan for the Future of Renewable Fuels

During his keynote address at this month's renewable energy conference in St. Louis, President Bush informed attendees that the number of U.S. ethanol plants is expected to increase 40 percent in 2007. As the market for biofuels like ethanol grows, many states are creating plans to support businesses and research that can fill the current need for renewable alternatives at the pump. Among the states having taken steps to build a profitable alternative fuels industry and cleaner and safer highways are Michigan and Tennessee.

 

Michigan

Michigan Gov. Jennifer Granholm has made the first round of appointments to the state's recently approved Renewable Fuels Commission. The appointees will oversee Michigan's efforts to promote the production and distribution of petroleum alternatives, as well as the manufacture of vehicles that capitalize on eco-friendly biodiesel and ethanol technologies. The Commission will identify new ways to spur fuel research and recommend alternative fuel strategies to the governor and legislature.