California Poised to Lead Trillion Dollar Clean Energy Market

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Consider that Silicon Valley, which made its first great fortune powering the computer industry and the Internet age, has a leading role in the global competition to develop renewable energy and other clean, green technologies. Clean tech is poised to be the valley's third great wave of innovation — not just the next big thing, but perhaps the biggest thing ever. Confronting the peril of greenhouse gases and climate change happens to be a "multi-trillion-dollar business opportunity," according to the San Jose Mercury News. And, John Doerr, "one of Silicon Valley’s best-known venture capitalists" says that clean tech is the "biggest economic opportunity of the future.”

But the special interests fighting AB 32 would rather we leave these immense economic and health benefits on the table and watch while countries such as China and the E.U. beat us at our own game of innovation and increase their lead in the race for the new economy. 

California's clean energy sectors are the fastest-growing part of our economy. There's a lot at stake. And we have a huge opportunity to dramatically grow our economy today and well into the future. 

A group of more than 900 mainstream small businesses, business associations and business leaders have joined the fledgling California Business Alliance for a Green Economy and are organized around a fundamental belief in its benefits:

"California’s aggressive clean energy policies have proven to be economic drivers for more than three decades. Efficiency standards passed in the seventies saved consumers over $56 billion, and generated 1.5 million jobs with over $45 billion in payroll. The passage of AB 32 has generated green job growth that has been increasing even as the rest of the economy has contracted. Moving forward with AB 32 will help pave the way to California’s economic recovery."

AB 32 is a cornerstone of California's economic future. The opportunities for creating jobs, healthier communities and new industries are tremendous. A broad coalition of Californians is taking up the fight to make sure California’s new economic engine stays on track.