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NY focuses on clean energy to create 50,000 jobs

Mon Jun 8, 2009 11:27am EDT

NEW YORK, June 8 (Reuters) - New York could gain as many as 50,000 jobs by converting 45 percent of its energy needs to renewables by 2015, according to one of several plans Governor David Paterson unveiled on Monday to lessen the state's reliance on Wall Street.

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Modernizing the grid that carries electricity, making broadband technology available throughout the state and speeding medical research with a $600 million Empire State Cell Fund were also parts of the Democratic governor's new program.

A new so-called Innovation Economy Matching Grant will add 10 percent to every stimulus dollar state research centers get from the federal government, he added. (Reporting by Joan Gralla; Editing by Chizu Nomiyama)

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