CAL SEIA Commends Governor Schwarzenegger's Leadership on AB 32 |
California Climate Act of 2006 Terrific for the Environment and the Economy
Press Release from
California Solar Energy Industries Associaion  Sacramento, CA (August 31, 2006)
The California Solar Energy Industries Association (CAL SEIA) extends
it support for AB 32, The California Climate Act of 2006 and commends
Governor Schwarzenegger for his leadership on this bill. After reaching
an agreement with the governor, the bill passed the state Senate last
night and is expected to be approved by the Assembly. [Editor's note: AB 32 was passed by the Assembly that night and is headed to the Governor's desk.]
There is near unanimous agreement that climate change poses a dramatic threat to California. Most obvious is that which rising ocean levels pose to the state's coastline and a climatic shift's impact on California's large agricultural industry. In addition, even an average increase of one to two degrees over the next 50 years will shrink the Sierra Nevada snowpack by 30 percent, imperiling the state's water supply. "While the environmental needs alone justify the need for this legislation, California's economy also stands to realize significant benefits," said Barry Cinnamon, President of CAL SEIA. "While some people are attempting to portray this bill as bad for manufacturing and the economy as a whole, we believe the exact opposite to be true. Over 30 percent of venture capital invested in clean tech last year was invested in California companies. A key driver of this investment is California's history at the forefront of the technology curve. Where would we be now if California's vacuum tube industry tried to inhibit the semiconductor industry? Our view is this policy will stimulate even greater technological innovation and ensure a robust industry supplying the rapidly-growing worldwide demand for clean tech and statewide demand for all solar technologies." The California Solar Energy Industries Association (CAL SEIA) CAL SEIA is a 501 (c) (6) not-for-profit solar industry trade association formed in 1977, whose 150 member companies specialize in the design, sale and installation of solar energy products and services in California. http://www.calseia.org |
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