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California Green Innovation Index Core Findings
Clean tech and green innovation put California in the forefront of global climate change progress
The California Green Innovation Index from the nonpartisan organzation Next 10 found that the Golden State is more energy efficient and with lower greenhouse gas emissions per capita than Germany, United Kingdom, Japan and the U.S. as a whole.
The inaugural California Green Innovation Index is a 2007 report produced by Next 10. The Index provides a deep analysis of key economic and environmental indicators that will help us better understand the role green innovation plays in reducing greenhouse gas emissions while strengthening the economy.
The California Green Innovation Index tracks economic and environmental progress to reduce greenhouse gas emissions and mitigate global warming. The Index demonstrates the essential role of innovation in reducing the absolute level of greenhouse gases contributing to global warming while enhancing economic vitality.
Key Themes of The Green Innovation Index
Download the Report: The Green Innovation Index
- An Efficient Environment: In relative terms, California is more energy efficient and emits fewer greenhouse gases than the United States as a whole, Japan, Germany, France, and the United Kingdom. These efficiency gains are a result of the first wave of green innovation, which began in the 1970s and has transformed California into a world leader in energy efficiency and greenhouse gas emissions reductions.
- Innovation Yields Savings and Spurs Growth: The first wave of green innovation spurred California's economic growth and realized gains in energy efficiency, saving residents and businesses billions of dollars.
- Increasing Investment: A rising tide of investments indicates California is poised to ride a second wave of green innovation based on both continuing improvements in energy efficiency and the creation and adoption of clean energy technologies. In 2006, California firms attracted 36% of total venture capital investment in energy technology and Californians registered an increasing share of U.S. patents for solar, wind and battery technology. Meanwhile, green jobs grew by nearly 50% over the past decade.
- The Challenge of Population Growth: Fuel and electricity consumption and greenhouse gas emissions are expected to increase as California's population continues to rise, so the next wave of innovation must be larger, faster and more powerful than the last to meet the mandate of the Global Warming Solutions Act.
- A Positive Outlook: Californians are concerned about global warming yet optimistic about the role green innovation can play in solving the problem. They believe that action to reduce global warming emissions can create jobs and expand prosperity.
Inclusion of Ethnic Media Across California
Next 10 has partnered with New America Media to brief ethnic media on the long-term trends in the economy and how they impact state spending this year and in the future.
Spring events took place in Los Angeles and San Francisco, with more scheduled for fall, 2007. The purpose of these statewide briefings is to:
- Provide information on what is important about the state budget and ways to build the capacity to report on issues affecting different communities.
- Provide FREE non-partisan budget education resources in English, Spanish, Chinese, Vietnamese, and Korean.
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Edited by Carolyn Allen