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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-28-09 04:09 PM
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Oregon Looks to Clean Tech for Revival
http://online.wsj.com/article/SB125142098299365515.html
AUGUST 28, 2009

Oregon Looks to Clean Tech for Revival

By RYAN KNUTSON

HILLSBORO, Ore. -- Oregon, facing the fourth-highest unemployment rate in the nation, has stepped up its campaign to lure clean-technology companies in an effort to pull itself out of the recession.

The Oregon Business Development Department's network of about 45 economic-development officials has more than doubled the time spent reaching out to clean-tech companies since 2008, said Bruce Laird, clean-tech recruitment officer in the department. In February, Oregon Gov. Ted Kulongoski assembled a group of industry leaders to help the state compete for federal stimulus dollars for clean-tech projects. And this month, he vetoed legislation that would have reduced tax breaks for clean-energy companies.

The endeavors come as Oregon tries to repair its battered economy. With declines in its key computer-manufacturing and timber industries, the state's 11.9% unemployment rate in July trailed only Michigan, Nevada and Rhode Island. In June, the state slashed its 2009-11 budget by $3.2 billion, or nearly 20%. Capturing clean tech is "viewed as essential for Oregon's economic recovery," Mr. Laird said.

While acknowledging a "greater sense of urgency" currently, Mark Brady, the sustainable development liaison in the Business Development Department, pointed out that the state's efforts date to at least 2005.

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