DRILLING FOR GREEN CAPITAL: A Policy Study on Stimulating a Green Economy in the State of Texas
The Pennsylvania case study data is used to develop recommendations on how to design and deploy incentive structures for green businesses in the State of Texas. The policy study discovers existing programs in Texas correlate with Pennsylvania’s policy mechanisms. A key element in Pennsylvania’s programs is environmental criterion to conserve natural resources, a ‘green criteria’ or ‘green objective.’ The purpose of green criteria is to weigh in on the environmental impacts of economic activities. Three recommendations are presented for Texas:
1. Incorporate a green objective in the Industry Cluster Initiative.
2. Target business services to address critical needs in green sectors.
3. Create an Energy Office in Texas’ environmental protection agency.
These recommendations incorporate green objectives as enhancement strategies into existing programs. Instituting a green objective economic development will an important direction for Texas to maintain its competitive advantage on the global market in recruiting green businesses.
School Location:USA - North Carolina
Source Type:Master's Thesis
Keywords:green economy texas pennsylvania policy analysis
Date of Publication:04/24/2009