Meg Whitman penned an op-ed last week stating she’d suspend California’s landmark climate-change legislation, AB32, on her first day if elected governor. This is backwards thinking, and I disagree.
Experts estimate that the four largest clean-energy industries (solar, wind, biofuels, and fuel-cell) will have combined annual revenues of $255 billion by the middle of the next decade. The question isn’t whether the world will move towards cleaner living – the question is how soon this trend will take hold.
There is no better, more fertile place in the United States for green technology and green-collar jobs to take shape than California.
California’s challenge is competitiveness, grasping as much of the share of these markets as possible by being the industry leader in greenhouse gas abatement technology. To date, we’ve done a great job – California captured $6.6 billion in green capital between 2006-2008. And all these start-ups need workers; so green jobs have the potential to be for California what the defense industry was in 1980s.







