Green energy will be really good for the Red & Black - KCBD NewsChannel 11 Lubbock

8/23/10

Green energy will be really good for the Red & Black, consultant says

Posted By James Clark | email

LUBBOCK, TX (KCBD) - On Monday, the state's former Chief Deputy Comptroller joined with experts at Texas Tech to release the findings of a new study on renewable energy, and its benefits to the Texas economy.  Billy Hamilton, who also served as a consultant on the project, says renewable sources are changing the energy industry, and that Texas needs to continue to lead that industry.

He says Texas Tech will be a major player as the state continues to grow its green energy resources.

"To make Texas a leader in clean energy in the future, we can't just be installing wind turbines," says Hamilton.  "We need to develop the technology, which is where Texas Tech's work comes in.  We need to be manufacturing it and installing it."

The study by the Cynthia and George Mitchell Foundation outlined major benefits renewable energy will have in Texas over the next ten years, including the creation of nearly 23,000 new jobs per year, and nearly $3 million a year in local and state tax revenue.

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