Last week, the Senate unfortunately failed to act on Senate Bill 3663 – a comprehensive energy reform bill before the August recess. In light of this disappointing delay, it is now more necessary than ever to focus our efforts to develop, and successfully implement, clean energy legislation at the state level.
While some question the value of investments in a green-collar industry, many law makers, as well as individuals and companies, are pushing for stronger development of this sector.
The Silicon Valley Leadership Group and Google co-hosted a morning program this week entitled “Electric Bills and Oil Spills-Will California Continue to Be a Clean Energy Leader?” With more than 400 people in attendance, the question certainly seemed to be a timely and important one.
The Silicon Valley Leadership Group and Stanford’s Precourt Energy Efficiency Center held their annual Energy Summit this past Friday. If I had to characterize the overall sentiment of the Summit, I would say the themes that emerged were: clean energy investment and action are urgently needed; political gridlock is an impediment; and Silicon Valley runs the risk of losing its edge in terms of technological leadership.
Last week Applied Materials and our CEO Mike Splinter were recognized by the California League of Conservation Voters for the Company’s work in Building a Greener California. Applied Materials was honored along with Environmental Entrepreneurs or “E2,” a national coalition of business leaders advocating for sound environmental policy and Justice William Newsom (retired California appellate judge), a lifelong conservationist who has worked to preserve Lake Tahoe’s beauty as well as endangered species.
U.S. Rep. John Garamendi, D-Walnut Creek, and U.S. Sen. Maria Cantwell, D-Washington, recently visited Applied's California facilities to learn about the company's Energy and Environmental Solutions group.
I do agree that policymakers have to be concerned about dislocation and sectoral job losses and not just net job losses or gains. While AB 32 and other climate change and energy laws undoubtedly present opportunities and risks, it is not a given that there have to be "winners" and “losers".
California’s Global Warming Solutions Act, more commonly referred to as AB 32, is a 2006 landmark piece of legislation aimed at reducing California’s greenhouse gas emissions in a manner that is both cost-effective and maximizes the economic benefits to the State. In the past week, however, a group has launched a ballot initiative to suspend the Act in the hopes of getting California’s economy “back on track” and “putting Californians to work”.