The 2013 California Green Innovation Index, our 5th edition, shows that clean technology patent registrations and energy productivity are growing, clean economy jobs continue their post-recession recovery, and the state’s carbon intensity continues to drop.
At the same time, the Index shows that while overall investments in clean companies have fallen, financing models are changing with the rise of strategic corporate investors, and investments in some sectors continue to grow.
This new report seeks to better understand California’s cap-and-trade program and different alternatives for how the state can use the allowance value created under the cap-and-trade program.
The findings in this report summarize a series of reports commissioned by Next 10 that represent the first extensive analysis on the issue of alternative uses of allocation value and the revenue derived from permit auctions.
The 2012 California Green Innovation Index documents how clean technology investment and innovation are helping drive growth in California’s overall economy.
Five key findings of the 2012 Index include:
Provides a comprehensive, bottom-up accounting of California’s Core Green Economy. The state’s Core Green Economy is represented by businesses involved in the clean energy sector, those that provide goods and/or services to conserve natural resources, and those that cut pollution and/or repurpose/recycle.
Shows that strong fuel economy standards and vehicle emissions standards will drive economic growth – and the stronger the standard, the greater the growth.
Tracks key indicators to access opportunities and obstacles for California in the EV sector and finds that California captures 69% of global EV investment in 2011, ranks first in the U.S. in EV patents, and EV jobs increase during downturn.
Many Shades of Green tracks employment and business growth related to products and services that improve efficiencies in the consumption of all natural resources and reduce negative environmental impacts. Data in this new report show that jobs in the green economy are growing more than three times faster than jobs in the total economy. The Core Green Economy now accounts for 174,000 jobs in California and has a growth rate similar to that of software jobs since 2005.
Next 10 commissioned a set of five research papers from leading academic experts to examine the economic impacts of the distribution of tradable emission permits and the various distribution approaches for the resulting revenue. These important design issues will decide by whom and how tens of billions of dollars will be used, both of which will greatly influence the market incentives operating in California’s greenhouse gas emissions trading program.
A new study identifies commercial buildings as a stealth drain on the state’s energy resources and economy. The report produced by Collaborative Economics for Next 10, finds that the energy efficiency or lack thereof in commercial buildings has a significant impact on California’s economy, the state’s overall energy use, global warming pollution emissions and jobs.