Jobs Summit 12/03/2009
 
Today, Thursday, December 3rd, our Co-Chairman Reed Hundt will be attending the White House Jobs Summit on behalf of the Coalition for the Green Bank. The attendees of the summit will be a select group of leaders and thinkers that include:

Eric Schmidt, Google
Randall Stevenson, AT&T
Surya Mohapatra, Qwest
Frederick Smith, Federal Express
Brian Roberts, Comcast
Bob Iger, Disney
James McNerney, Boeing
Andrew Livens, Dow
Peter Solmssen, Siemens
Stephanie Burns, Dow Corning
Phaedra Ellis Lamkins, Green for All
Reed Hundt, Coalition for the Green Bank
Larry Mishel, EPI
Alan Blinder, Princeton
Paul Krugman, Princeton
Joe Stiglitz, Columbia
Bob Greenstein, Center on Budget and Policy Priorities
Jeffrey Sachs, Columbia
David Ickert, Air Tractor
Woody Hall, Diversapack
Rose Wang, Binary Group
Anna Burger, Change to Win
Leo Gerard, United Steel Workers
Joe Hansen, United Food and Commercial Workers
Randi Weingarten, AFT
Mayor Frank Cownie, Des Moines, IA
Mayor Julian Castro, San Antonio, Texas
Mayor Ed Pawlowski, Allentown, PA

The idea behind the summit is to draw some of the best thinking behind job creation in the US together, and the Coalition for the Green Bank fits this description perfectly. With our proposal for the inclusion of a Green Jobs Bank in any Jobs Bill that passes through Congress, the coalition is supporting both instant and long-term job creation in the clean energy sector. Efficiency/retrofit projects that can be deployed immediately combined with clean generation projects that are shovel-ready once affordable financing is provided are the two key means of job creation that the GJB will offer.

A Jobs Bill that includes the Green Jobs Bank will uncork the deluge of investment that is backed up in the clean energy and efficiency/retrofit industries by lack of access to affordable capital. Investment in this high-growth sector will immediately create a rush of well-paying, long-term jobs that will build the base of the clean energy generation and efficiency/retrofit industry right here in the US, halting the flow of capital abroad to purchase the necessary elements of the clean energy supply chain and keeping that investment within our borders. And, by financing the manufacture of clean energy and efficiency/retrofit products, the Green Jobs Bank will be able to help fill the void left by the massive slump in the American domestic auto industry.

The Green Jobs Bank is the complete package, and the best way to put Americans back to work in an industry that can last for generations, not just as a temporary fix.
 


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