(Madison, March 25) – Today Rep. Cory Mason and Sen. Julie Lassa introduced legislation to create the Green to Gold fund, initially proposed by Governor Doyle in his 2010 State of the State Address. The Wisconsin State AFL-CIO strongly supports this bill because it will create and retain high-quality jobs while ensuring that Wisconsin companies are competitive in the new economy.
“Working people will lose out if our state sits on the sidelines of green innovation,” says Phil Neuenfeldt, Wisconsin State AFL-CIO Secretary-Treasurer. “Many Wisconsin manufacturers want to invest in energy efficiency technologies, but they don’t have the means to get started. The Green to Gold fund will help launch a more sustainable economy.”
Green to Gold is a revolving loan fund which will align existing state resources and federal dollars to ensure that Wisconsin’s manufacturers have the capital they need to invest in energy efficiency, use renewable energy, and make products that support a green economy.
Reducing energy costs through efficiency makes manufacturers more competitive and profitable by lowering their production costs. Retooling old facilities to higher energy standards is essential for long-term economic recovery.
“Wisconsin’s workforce is a tremendous asset in the global economy. Productivity, skill and quality set us apart, and will continue to do so as long as we make the investments needed to stay ahead,” says Neuenfeldt. “The Green to Gold fund will make sure that both our natural and our human resources are employed wisely.”