2012 Many Shades of Green: California’s Shift to a Cleaner, More Productive Economy
From January 2009 to January 2010, the state’s overall economy registered job losses of seven percent. Those losses are more than two times higher than the job losses tracked in the state’s Core Green Economy, which saw a three percent loss in jobs. In the long term, employment in California’s Core Green Economy grew by 53 percent from 1995-2010, while jobs in the wider economy grew by 12 percent.
“In tracking the growth of the state’s Core Green Economy and the overall economy, we found that the global financial crisis and the mortgage crisis that caused our overall economy to go into a deep dive did not have as damaging an impact on the state’s Core Green Economy,” said F. Noel Perry, founder of Next 10, the nonpartisan research group that produces the report.
- Longer-term, between 1995 and 2010, Core Green Economy employment expanded in the Sacramento area by 113 percent and in the Bay Area by 76 percent. The San Diego region (+65%) and Orange County (+62%) also recorded strong Core Green Economy job growth numbers.
- Manufacturing represents a strong sector in the value chain, accounting for 27 percent of jobs in the Core Green Economy compared to just ten percent in the total economy. Manufacturing in the state’s Core Green Economy expanded by one percent in the shorter term, and by 53 percent from 1995 to Jan. 2010.
- While employment and business growth varies across the 15 green industry segments, Energy Infrastructure (+14%), Advanced Materials (+4%), Clean Transportation (+1%), and Energy Generation (+1%) bucked recessionary trends, exhibiting growth during the recession from Jan. 2009- Jan. 2010.
Many Shades of Green provides a comprehensive, bottom-up accounting of California’s Core Green Economy, systematically tracking the most recent available data on employment and business establishments across California’s green sectors and regions.