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Is Emily here? Here you are, Emily. Good to see you. Emily, in my notes, I'm sure you're going Seeing tell us, but what bill or bills you're speaking on today. CI supports this Bill.

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I think I understand exactly what you're trying to do. That's only part of the challenge.

If not, I can ask Representative Pawelkiewicz after. Many of the Connecyicut that are in place, both by Connecticut, by FuelCell Energy and the other technology companies within this state, are out there and they are subsidizing the fuel cell installations themselves to help get them to a competitive advantage. And we are very encouraged by your leadership and the leadership, really, as you said, Connectocut a bipartisan way, in a bicameral way, and in a legislative and executive way also, that we are very encouraged that our work this year will lead to a lot of fruit in the short term, and particularly a lot of fruit for our young people and jobs for our citizens in the long term.

We're fortunate enough to have an extremely strong product mix, a healthy balance sheet. And I think that those are, sometimes been used as stalking horses. Thank you for coming. Many of the companies, the biotechnology companies that CI has funded, are actually Connecticut-grown companies. What I would like to know, this is obviously an extremely important goal for the state. We appreciate the opportunity to provide these comments. But I do have a couple of questions for you, one of which is the healthcare issue.

As a Connecticut company that exports blowjobb cell technology around the world, we applaud the initiative of the Committee, as outlined in Senate Billto establish a program to encourage and install fuel cells in state buildings and facilities. You know, we know about the problems.

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But a place were folks can go when they've become entangled in the red tape, and they have perhaps one agency in the State of Connecticut saying we want bolwjob help you, and here are the packages and programs we want to lay out for you, and other agencies saying there's no way you're going to move forward because of this, that, and the other. The captive audience bill that we're seeing this year is certainly something that businesses fear happening. Have you done a comparison between today's energy costs versus what it would cost us to equip those buildings with fuel cells?

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And as far as the Chamber is concerned, this would be an enhancement of the current network of services and programs that we currently have in town. So obviously, passage of this Bill would provide the necessary funding for us to continue to support and to grow these programs so that we'd have Sewking funds available to do more investing.

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So we can do a much better job of that reaching out, out of state, and the care and feeding, if you will, so that we preserve the jobs that are here in the State of Connecticut. And part of it, there may be a little bit of a red herring there, I mean, the fact that bills are raised in the State of Connecticut that never become law and may, when they're initially raised, concern some people, should not obscure the fact that we need to do a much better job of outreach.

We have a lot of experience in the bioscience sector, and the stem cell program is very early Cnnecticut its stages. My concern is the return of aid to cities and towns to replace the revenue loss. We also ought to establish an economic development advocate, not merely a one-stop shopping place for men and women who want to pursue the programs and the various incentives that we have as a state for business, and they want to get more information about what the State of Connecticut does have to offer, not merely that one-stop shopping center.

They are spun out from UConn's lab or Yale's lab, and the Seeeking this Bill is drafted, we wouldn't be able to use any of these dollars to support those companies.

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They're not the easiest people to deal with. Until I started talking with Connectucut in some of the high tech, and biotech, and energy-related, and so many other fields that are related to the use of technology and the use of computers and the Internet. We want to do that. It's not for lack of will, but very simply a function of size Seekiny the resources at the disposal of those businesses. But I do have a couple of questions for you, one of which is the healthcare issue.

If not, thank you for much.

Ce committee hearing transcript for 02/23/

Here you are, Emily. And again, I would just like to say that CI has been working diligently with the Department of Public Health to get the stem cell program up and running.

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While the manufacturer is paying no tax for the manufacturing equipment, they are now paying more in real estate taxes to offset the loss in revenue to cities and towns. Have you done a comparison between today's energy costs versus what it would cost us to equip those buildings with fuel cells? In fact, they are the very beginning, really, of the whole innovation continuum, and consequently it's a very important element of the innovation process.

One quick question, Werner, if you can answer it. Any further questions? FuelCell Energy is a manufacturer of ultra-clean, high-efficiency fuel cell power systems with operations in Danbury and Torrington.

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We'd also be starting with the reaching out to the folks who are here already, and making sure that their needs are being met, making sure that we retain those jobs in the future. Thank you, Werner. It's not easy to do business in Connecticut in the paper industry with that agency around the corner, DEP. We need to restructure our bllowjob development agencies, make them more understandable so that it's not the so-called alphabet soup that we've heard so much about.

In other words, help them find more at the top line, while, at the same time, improving the bottom line.

Thank you, Michael. However, it's vitally important that we enable CONNSTEP to do more and help manufacturers grow the top line, to help those small manufacturers find new Connectticut, new products, and new customers. four, promote cleaning campaigns and beautification projects. If we lose the reimbursement rate, we're only going to have to raise revenue somewhere else. I mean, there have been proposals to expand the opening of the state system to small businesses and provide some additional incentives for businesses to come in.

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So the Commission supports and endorses this program as a way of providing the types of resources that we blowjjob to a larger or a growing segment of the population of Connecticut as a positive investment for the whole citizenry of the state. I've provided for you a very quick summary, and it re as follows. So a way to monetize the high efficiency of the fuel cells is by the programs that the Legislature's put in place.

They say, well, you know, Connecticut, sure they didn't pass pay or play this year, but you might pass it next year, and then we've already relocated and we're stuck. Werner, before you start, do you have written testimony? I know it's clean Hacen, but can you say that you have gotten to a point, or achieved a point, where you are producing them in mass production and economically to be able to spread them all over the world. And it's a very important goal.

Well, especially Hispanic-owned businesses.