FR stupid post of the day
Posted on 03/16/2008 10:58:17 AM PDT by calcowgirl
Santa Barbara, California - Participating in a conference of green-tech entrepreneurs, venture capitalists, corporate executives and environmental and business journalists, Governor Arnold Schwarzenegger again today explained how California's environmental policies and focus on booming clean- and green-tech industries will help the state weather a slowed-down economy. He spoke about California's wave of growth in the green technology industry during a conversation at the Wall Street Journal's ECO:nomics Conference in Santa Barbara.
"California's environmental policies are driving a whole new industrial revolution in our state that is opening up huge opportunities for California companies to grow and strengthening our economy at a time when it could use the help," said Governor Arnold Schwarzenegger. "California represents almost half of all green-tech investment in the U.S., and all signs point to continued growth. In fact, venture capitalists last year invested $1.78 billion in California green technology companies-that's double what it was from the year before."
California companies are producing a growing share of green technology patents and numerous energy efficient products and services, allowing companies and individuals to expand while reducing their energy use. According to Next10's "California Green Innovation Index" California patents account for 44 percent of all U.S. patents in solar and 37 percent in all U.S. patents in wind technologies. Additionally, since 1990, the green business establishments in the state have grown by 84 percent and employment has doubled.
Under the Governor's leadership, California has launched the world's most aggressive energy efficiency program in the world. Over a three-year period, this program will eliminate the need to build three power plants, saving consumers $2 billion.
Governor Schwarzenegger has led California in establishing laws and policies creating sustainable demand for green products and has made it a priority to put California at the forefront of the booming green-tech industry.
* Last October, California and a coalition of European Union countries, U.S. states, Canadian provinces, Norway and New Zealand formed the world's first International Carbon Action Partnership (ICAP) to develop solutions to global climate change. ICAP will provide an international forum in which governments adopting enforceable caps on greenhouse gas emissions will share experience and best practices on the design of emissions trading mechanisms. ICAP will help ensure trading mechanisms are compatible and work to boost demand for low-carbon products and services, promote innovation and reduce the cost of effective reductions to allow swift and ambitious cuts in global warming emissions.
* Last August, the Western Climate Initiative (WCI), of which California is a founding participant, announced a common goal to dramatically reduce greenhouse gas emissions by 15 percent below 2005 levels by 2020, reflecting the cumulative total of individual reduction goals for each state and province. California originally signed on to the WCI with the Governors of Arizona, California, New Mexico, Oregon and Washington at the 2007 National Governor's Association winter meeting in Washington, D.C. on Feb. 26, 2007. Utah, Montana and the Canadian provinces of Manitoba and British Columbia have joined since that time.
* In February 2007, the Governor announced that the University of California Berkeley received a $500 million grant from BP to establish the Energy Biosciences Institute (EBI). University of California Berkeley is a partner with the Lawrence Berkeley National Laboratory and the University of Illinois at Urbana-Champaign on this groundbreaking project. EBI is the first public-private research lab dedicated to renewable fuels and clean energy.
* In January 2007, the Governor announced the world's first Low Carbon Fuel Standard for transportation fuels that requires fuel providers to reduce the carbon intensity of transportation fuels sold in California. This first-of-its kind standard firmly establishes sustainable demand for lower-carbon fuels without favoring one fuel over another. To start, the standard will reduce the carbon intensity of California's passenger vehicle fuels by at least 10 percent by 2020 and more thereafter.
* In September 2006, the Governor signed the Global Warming Solutions Act of 2006, California's landmark bill that established a first-in-the-world comprehensive program of regulatory and market mechanisms to achieve real, quantifiable, cost-effective reductions of greenhouse gases. The law will reduce carbon emissions in California to 1990 levels by the year 2020. Governor Schwarzenegger has also called for the state to reduce carbon emissions to 80 percent below 1990 levels by the year 2050.
The only thing green policies do is increase the cost and burden to the tax payer since all these high powered companies and executives have no products to sell, they have no revenue to operate so the government gives them cash incentives which last week arnold the fool said were loopholes.
if venture capitalists feel there’s a market for it without special govt assistance then great!
And to add insult to injury, we've got another globalist running for POTUS on the 'R' ticket.
Now that he has banned all other sources, he can tout "green" sources where his donors are invested.
Follow the money.
Government mandated “green-tech” may be just enough to put CA under for good. They are BROKE. CA needs to reel in spending, and this isn’t even reasonable economically IMHO.
There is only a market when they cut off the supply of all other sources. Arnold is well on his way with AB32, SB1368, and his global warming cap-and-trade program.
McCain and Hillary are also on board, touting the same thing, nationwide.
With Mc as the nominee it is even more important to elect non-RINO Republicans as the greatness of the American FREE market and FREE life style is eroded away for good...sigh
The next dot-com boom!
http://www.independent.com/news/2008/mar/13/presidential-candidates-reps-talk-green-economics/
Venture Capitalist Calls Green Tech the “Largest Economic Opportunity
Prior to breaking for dinner, there was an invigorating, enlightening conversation with John Doerr, a venture capitalist with Kleiner Perkins Caufield and Byers who throws $700 million or so at entrepreneurs he believes in. The talk’s topic was “Green Deals: The Environmental Factor in Corporate Investments,” and Doerr spoke frankly about his confidence in the future of green technologies. And as an investor who’s supported everyone from Internet heroes Google and Amazon to high tech companies Compaq and Sun Microsystems, his opinion is golden.
Motivated dually by both the need to make money for his firm, which supports the endowments of American universities and other investors, and his obvious concern for the goodwill of the planet, Doerr said that the green industry has much promise. “What’s very attractive about green technologies is that the markets are enormous,” said Doerr the capitalist. Later, from his humanitarian side, he added, ”You can do work that’s successful but also significant.” Repeating a theme that’s run throughout the conference, Doerr stressed the need for a diversity of solutions, and said, “The solutions to this problem are all going to come from cars, from coal, from conservation (and efficiency), and from cattle.” (Livestock account for about 18 percent of the greenhouse gas emissions today.)
Compared to the low price tag, fast pay-off of investing in information technologies like Google and the billions required plus decade of waiting for biotech investments, Doerr said green technologies are somewhere in the middle, taking about $250 million in funding and between five to seven years to see that money become profitable. He criticized the government’s weak contributions to funding green R&D products, and chided some in industry as well. “This is the largest economic opportunity of the 21st century,” said Doerr.
I think we have a G-d given right to a healthy and clean environment.
The problem is that there are no property rights to air and it becomes a free for all for dumpers. If everyone owned their own share of air, they would be able to sue or charge a fee if somebody else tried to pollute it.
I don’t agree with a global cap and trade system. Cap and trade has worked for SO2 emissions under the Clean Air Act...but I think a system of property rights for air and water would be even more effective.
What's next from the maroon in chief and the other maroons in Sacrademento? I shudder to think.
Lie. Livestock account for over 96%. In fact, 98.9% is caused by naturally occurring earth creatures. But, greenhouse gas is GOOD because it causes rain and rain keeps the earth temperature down so humans can live here. Without greenhouse gases, the average temp on earth would be @140 Kelvin -- too hot to sustain human life.
FR stupid post of the day
I think we need to protect the environment but when protecting the environment costs three or more times as much as old methods of power that just doesn't work.
In a few years (with all the research) the price of these “eco-friendly” technologies will be down and the average American will be able to save money by using solar of wind power.
In the mean time let capitalism run its course.
Since ya asked... ;-)
Schwarzenegger releases report calling for costly education reforms
most important priority: allow nuclear plants. That would reduce the CO2 emissions that they are always complaining about.
Is there a way?
My guess is he will be a headliner at the GOP convention.
(Along with folks of similar ideology and competence—or lack thereof)
Of course he will. He an McCain are two peas in a pod. The fact remains that California Republicans must take the party back. Conservatives have to have a candidate and move Ahnuld out of California.
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