Think California is already pretty aggressive on the green jobs and clean energy front? The state’s Assembly Speaker John A. Pérez and Senate President pro Tem Darrell Steinberg recently unveiled the Clean Energy Jobs Initiative, a plan to jump-start California’s clean energy business sector and spur job creation in California, which they have pledged to move to the Governor’s desk as quickly as possible.
The Clean Energy Jobs Initiative is comprised of four measures: a new and improved Renewable Portfolio Standard, which would require both public and private energy providers to procure 33 percent of California’s electricity from renewable resources by 2020; streamlined siting for renewable energy projects, which would aid renewable energy developers in cutting through red-tape in constructing renewable energy projects; green job training, which would align high school curriculum with high-demand jobs in emerging cleantech markets; and economic incentives which would use a portion of state ratepayer funds to provide loan guarantees for residents and small business owners investing in energy efficiency and renewable technologies on homes and commercial property.
According to the office of Senate President pro Tem Darrell Steinberg, more than $9 billion in venture capital has flowed into California over the last five years to fuel the clean energy marketplace, and some estimate that an additional 700,000 jobs could be created in this sector over the next nine years if these private investments are combined with policy improvements on the part of the state.
This initiative seeks to “burnish California’s position as a global leader in developing and sustaining the emerging market of clean technology” and is one of a number of other policy proposals the state legislature is expected to consider this year designed to expand California’s clean economy.