Planning Meeting #3 Updates: October, 2023

The CCC has met three times to discuss accelerating the move to 100% clean power; in particular, the Coalition has focused on building on the success of the “Billion Dollar Bond for Life Sciences” in Massachusetts to create a repeatable state bonding opportunity, unlocking jobs in alignment with policymakers’ goals. Dan Rivera, President & CEO of MassDevelopment, joined Planning Meeting #2 as a guest to discuss MA’s relevant state finance and development authority and the process for drawing on state bonding to achieve an outcome such as accelerating the transition to 100% clean, healthy energy.

The CCC has named this potential opportunity the “Billion for a Million” bond, tying our desired sustainability outcomes with the provision of at least a million Union Job Hours, or 25,000 full-time, family-supporting Union Jobs. In pursuing this opportunity, Massachusetts would be working to surpass New York State’s success with their $4.2 Billion Environmental Bond Act in 2022. This repeatable bonding opportunity as proposed by the CCC would support the MA governor’s state goals along with the state legislatures’ approach to helping Massachusetts move to leadership in the global revolution towards increasingly clean, healthy, and just power systems.