Skip to content

Proof that Reducing Carbon Emissions Grows California’s Economy (New Report)

Proof that Reducing Carbon Emissions Grows California’s Economy (New Report)

October 12, 2010 SVadmin Comments 0 Comment

Critics of AB32 are fond of quoting the California Legislative Analysts Office conclusion that the measure would have a marginally negative impact on business activity. The critics, however, consistently fail to mention the LAO’s qualification of that statement in the same report … that this negative impact is expected only “in the near term.”

They also fail to mention the LAO’s other observation, that we should expect “gains in some occupations and industries (including … “green” jobs) and losses in others (primarily involving fossil fuel-related energy production).”

Now a new report by Next10, “2010 California Clean Energy Index,” offers compelling proof that California’s regulatory structure designed to reduce carbon emissions is already spurring growth in the clean tech industry, the brightest sector of the California economy, and gives ample reason to expect this remarkable growth to continue.

Among the summary conclusions:

• California has attracted $11.6 billion in cleantech venture capital since 2006, 24 percent of total global investment.
• California is the top state in patent registrations in green technology.
• In the first half of 2010, the state attracted 40 percent of global cleantech VC, exceeding the first half of 2009 by two and a-half times.
• Between 2002 and 2007, electricity productivity of manufacturers improved by 13 percent in California and dropped by ten percent in the rest of the nation.
• As a result of efficiency improvements, each Californian used 20 percent less energy in 2008 than in 1970 while little progress has been made in the rest of the country.
• For every dollar of GDP generated in 2008, the state’s economy required 32 percent less carbon than it did in 1990.
• California manufacturers spend a smaller percentage of total operating costs on electricity.
• California’s electricity productivity in manufacturing is outpacing the rest of the nation.
• More businesses are starting up in California than closing or leaving.

California’s future is no longer a matter of speculation.

It’s a matter of decision.

On November 2nd, California voters who wish to continue this strong economic growth should vote NO on job-killing Proposition 23.

Print Friendly, PDF & Email

Blog, Economics, Politics
California, Green_Tech

Post navigation

PREVIOUS
Town Hall Meeting with “Mad as Hell Doctors” Monday Oct 11 6pm Nevada Theater
NEXT
Lake Wildwood Panel Discussion on Propositions Sold Out

Join Our Mailing List

Leave a Reply Cancel reply

Your email address will not be published.

DONATE TO THE FOOD BANK OF NEVADA COUNTY

(CLICK IMAGE)

DONATE TO NEVADA COUNTY RELIEF FUND (click image below)

Erika Lewis, Shaye Cohn, Craig Flory – Got A Mind To Ramble

Jack Kornfield: A Steady Heart in Time of Corona Virus (Part I)

Tara Brach: A Steady Heart in Time of Corona Virus (Part II)

Subscribe to Sierra Voices Journal

Recent Posts

  • How Much Better Off Would America Be if 6 Republican Presidents Hadn’t Stolen the White House?
  • Timothy Snyder: “It was clear to me in October that Trump’s behavior presaged a coup, and I said so in print”
  • The Most Urgent Issue in U.S. Politics is Not Biden or Trump, Not Who is President This Time
  • How can America heal from the Trump era? Lessons from Germany’s transformation into a prosperous democracy after Nazi rule
  • We Need More in Congress Like Jamie Raskin

Recent Comments

  • Douglas Keachie on The Most Urgent Issue in U.S. Politics is Not Biden or Trump, Not Who is President This Time
  • The Most Important Issue in US Politics is Not Biden or Trump, or Even Who is President This Time on How to stop an Insurrection Caucus: These reforms could reduce GOP extremism and save our democracy
  • (Posted by) Don Pelton on GOP Warns Dems About Court Packing (Cartoon)
  • Criminal Incompetence, Malignant Ignorance Will Lead to Hunger and Violence on A Nice Depression Now Benefits the GOP in 2022 and 2024
  • togel singapura hari ini on How Wall Street Has Turned Housing Into a Dangerous Get-Rich-Quick Scheme — Again

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • November 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • July 2018
  • June 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • March 2017
  • February 2017
  • January 2017
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • December 2015
  • June 2015
  • May 2015
  • April 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • January 2014
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009

Categories

  • Aging
  • Articles
  • Atlas Obscura
  • Authoritarianism
  • Black Lives
  • Black Lives Matter
  • Blog
  • Buddhism
  • Cartoon
  • Climate Change
  • Constitution
  • Corona Virus
  • Corruption
  • Depression
  • Disenfranchisement
  • Economics
  • Education
  • Election Fraud
  • Environment
  • Farming
  • Fascism
  • Fire!
  • Food Insecurity
  • Foreign Policy
  • Forest Management
  • Gender
  • Health Care
  • History
  • Humor
  • Hunger
  • Ignorance
  • Labor
  • Local
  • Masks
  • Medical Care
  • Men
  • Mental Health
  • Middle Class
  • Mining
  • MMT
  • Modern Monetary Theory
  • Music
  • Native Americans
  • Pandemic
  • Parenting
  • Poetry
  • Police
  • Politics
  • Press
  • Race
  • Reviews
  • Revolution
  • Right-wing terrorism
  • Russiagate
  • Science
  • Technology
  • Trump Virus
  • Tyranny
  • Uncategorized
  • Voting
  • War
  • War on Government
  • Water
  • Watersheds
  • Wildfires

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
© 2021   All Rights Reserved.