by John Farrell, Institute for Local Self Reliance (ILSR)
Renewable energy is growing exponentially in the United States. Tens of thousands of megawatts (MW) of wind and solar are boosting rural and urban economies across the country.
But most clean energy projects fail to maximize the economic benefit to the communities and states where they are located by ignoring the value of local ownership.
The rewards of maintaining local control and ownership are substantial. Locally-owned wind projects create an average of twice as many jobs as absentee-owned wind projects. And the total economic value to the community of locally-owned projects is 50 to 240% greater, as well.
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