Saturday, December 12, 2009

California's Green Economy Shows Steady Growth

A new study provides further indication that the types of solutions needed to solve climate change are key drivers of economic growth.

As the Sacramento Bee reports:

Officials said the study's findings indicate that future solutions to the state's economic and jobless woes might lie in nurturing its green business infrastructure.

"Data show that green sector businesses are taking root across every region of California, generating jobs across a wide spectrum of skill levels and earnings potential," said F. Noel Perry, founder of Next 10, which focuses on environmental and economic issues in California.

From January 1995 through January 2008, the number of green businesses statewide increased 45 percent and jobs in those businesses grew by 36 percent, the study found.

For Doug Henton, CEO of Collaborative Economics, the core green economy is positioned for in-state growth much the way the high-tech industry was years ago.

"California is home to companies driving technological advances in clean energy products and services," he said. "Green technology has the potential to do for energy, the world's largest sector by revenue, what IT did for communications."

That statement that I boldfaced is quite...bold.

These are the industries of the future, where our investments into their growth are most likely to help improve our environment, economy, health, security and overall quality of life for generations to come.

The Green Economy is a beacon of hope that offers us a future to be truly excited about, and that's something I think just about all of us could use in these challenging times.

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