California is leading, but not going it alone, on clean energy policies
Today the Cleantech Group released a report analyzing state energy policies and their impact on high growth cleantech markets. The conclusion, in short, is that California is leading but certainly not alone in pursuing clean energy; in fact, every state in the U.S. is trying to encourage clean energy by instituting policies from encouraging energy efficiency to requiring renewable energy, and 22 states have 11 or more policies in place.
With AB 32, California is leading the race to pursue clean energy by creating a favorable policy environment, and the results are apparent: California captured 40% of all dollars in the U.S. that have flowed into the four AB 32 policy areas analyzed in this report: renewable energy, energy efficiency, clean vehicles, and low-carbon fuels (A previous Cleantech Group analysis found that California captured a whopping 60% of all cleantech venture capital in North America). Those dollars are helping create jobs, grow the industries of the future, and keep California competitive internationally with countries like China that are also aggressively pursuing cleantech.
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