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Why California’s Solar Industry Is Cheering The Defeat Of Prop. 23 (and Gov.-elect Jerry Brown)

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 09:29 AM
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Why California’s Solar Industry Is Cheering The Defeat Of Prop. 23 (and Gov.-elect Jerry Brown)
http://blogs.forbes.com/kerryadolan/2010/11/03/why-california’s-solar-industry-is-cheering-the-defeat-of-prop-23/?boxes=Homepagechannels

Tom Rooney is one happy guy today. The chief executive of SPG Solar, California’s second largest solar installer, says that California voters’ rejection of energy-related Proposition 23 is a boost for the solar industry in California. “The double positive for the solar industry was Brown getting elected governor and no on 23,” says Rooney. Prop. 23 lost, with 61% of voters against it and 39% in favor.

Proposition 23, if it had passed, would have essentially rolled back the timeline for California’s landmark A.B. 32 –the Global Warming Solutions Act that aims to cut California’s greenhouse gas emissions back to 1990 levels by 2020. Oil refiners Valero Energy and Tesoro Energy as well as Occidental Petroleum and others put millions of dollars behind the passage of Prop. 23, as my colleague Chris Helman points out here. Liberal billionaires John Doerr (who backs a bundle of green tech companies at venture firm Kleiner Perkins) and Julian Robertson and Gap scion Robert Fisher gave millions of dollars to oppose Prop. 23, as Clare O’Connor reported here.

Rooney explains that four or five months ago, a “no” vote on Prop. 23 had been mischaracterized as a job killer by the oil companies backing its passage. But that perception changed as the election drew near. The solar industry has been creating jobs, not only in California but in other states as well, says Rooney. Between his company’s employees and the workers they hire to implement commercial solar installations in 10 states, Rooney says the workforce has grown 400% in the past two years to 1,000 people. According to the Solar Energy Industries Association, the solar energy sector has created 17,000 jobs since 2009 and supports roughly 46,000 related jobs in the U.S. Employment in solar is expected to surpass 60,000 jobs by the end of 2010.

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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 09:31 AM
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1. interesting
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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 09:34 AM
Response to Reply #1
2. Solar was one of the few sectors of the US economy that actually flourished during the recession
Edited on Fri Nov-05-10 09:34 AM by jpak
and we used to be next exporters of PV panels too

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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 09:36 AM
Response to Reply #2
3. awesome news.... my brother in Germany has had solar panels for years now
my... what a pickle they are in, huh?
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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 09:37 AM
Response to Reply #3
4. the horror, the horror
:D
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Gregorian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-05-10 11:00 PM
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5. Thank you. In all of the election excitement, I had forgotten about this.
I was giddy with excitement when I realized that if this were to pass, we might just start moving ahead toward new energy generation. And so it just might happen.

And I'm really excited that my next property will be off the grid. Or tied. But solar.
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