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Jennifer Granholm on Jobs
Democratic Governor (MI)
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Worked to foster job growth in advance energy sector
After her governorship, she worked as a senior research fellow at the Berkeley Energy and Climate Institute, where she helped launch the American Jobs Project, which brought together leaders from academia and industry to create policy "roadmaps" for
fostering job growth in the advanced energy sector. She served as a senior advisor to the Pew Charitable Trusts' Clean Energy Program. In a 2010 article, Granholm outlined a set of proposals, which could create three million new clean energy jobs.
Source: NRDC press release: Energy Secretary Confirmation Hearings
, Dec 22, 2020
Environmental equity: jobs & benefits to those hardest hit
[Biden]'s very focused as well on making sure that the benefits of fighting climate change, the jobs, are focused on the communities that have been hardest hit by environmental pollution, for example, or that are the poorest communities.
So, both environmental equity, the equity associated with energy opportunity, and creating jobs for Americans, that is going to be the mission of the Department of Energy, in addition to the great work that they already do.
Source: ABC This Week on 2021 Energy Secretary Confirmation Hearings
, Dec 20, 2020
Jobs Race to the Top: compete for regional job creation
Obama's educational Race to the Top was the most dramatically successful component of the Recovery Act. Using a modest amount of money, $4.5 billion, it stoked unprecedented competition among states to develop creative ideas for education reform.
I urged that we borrow the Race to the Top concept to fuel regional job creation. The goal: To create 3 million jobs in 3 years. Here's how it could work:- Fund the program by repurposing a percentage of the money the US currently spends on
economic development. To have real impact, the Jobs Race to the Top should be comparable in size and scope to its educational counterpart.
- Launch with a competition focused on a critical national need with job-creating potential--for example, clean
energy technology.
- Incentivize and reward the most effective locally formed public-private partnerships, involving businesses, universities, and foundations. Define "effectiveness" in terms of numbers of lasting jobs created quickly.
Source: A Governor's Story, by Jennifer Granholm, p. 243
, Oct 1, 2005
Increase small business access to credit.
Granholm signed Letter from 12 Governors to leaders in Congress
State Small Business Credit Initiative, which would strengthen innovative state programs that support small business lending. In our states, these programs are facing increased demand, yet the budgetary pressures we face have limited their ability to fill the credit gap left by the financial crisis. These innovative programs include those that augment collateral values for small businesses and manufacturers who have seen them decline as a result of the financial crisis, capital access programs that contribute to loan loss reserves that allow banks to expand credit to more businesses, and loan guarantee and other programs that help share risk with lenders that are willing to extend credit to viable small businesses, manufacturers and farms that are crucial to a strong recovery. By supporting these programs, the State Small Business Credit Initiative would leverage Federal funds several times over to enable billions in new lending to small businesses that can support new job creation.
We urge you to take immediate action to increase small business lending in the United States. While our nation`s economy continues to recover from this great recession, small businesses in our states continue to struggle to gain access to the credit they need to create jobs. We believe federal action is necessary to remedy this issue.
We strongly support a comprehensive package being considered that would include expanding the size of Small Business Administration loans and temporarily extending successful Recovery Act provisions reducing fees and raising guarantees for SBA loans, enacting tax incentives for small business investment, and a proposal for a $30 billion Small Business Lending Fund that would provide community banks with capital and incentives to increase lending to small businesses.
In addition, we especially want to convey our support for a new proposal for a
Source: Letter from 12 Governors to leaders in Congress 100519-Gov on May 19, 2010
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