Silicon Valley venture capitalists have been investing in cleantech companies for more than a decade.
Now, an uptick in funding from some of the biggest names in business - think Berkshire Hathaway and Google - are helping to diversify and expand California's cleantech industry, according to a new report by San Francisco based think tank Next 10.
The 2013 “California Green Innovation Index,” released Tuesday by the nonprofit policy group Next 10, finds that jobs in the “Core Clean Economy” totaled 176,000 as of January 2011. The Bay Area, including Silicon Valley, boasts 52,555 clean energy jobs, or 30 percent of the state’s total.
The bulk of the state’s green jobs are in services, such as environmental consulting and green marketing. But green job growth can be found across clean tech sectors, from advanced materials to the smart grid.
Green jobs in California kept growing in 2010 but at a slower pace than before, according to an annual survey of the state's emerging clean-tech industry.
The Green Innovation Index, from public policy group Next 10 and the Collaborative Economics consulting firm, counted 176,000 jobs in the state's green economy as of January 2011, up 1.2 percent from the start of 2010. About 30 percent of those jobs were in the Bay Area.
SAN DIEGO — The investments in the clean economy is softening California's carbon footprint, according to the Green Innovation Index released on Tuesday. The study measured how the state is doing when it comes to boosting jobs, investing in innovations and reducing greenhouse gas emissions.
The report was put together by Next 10, a non partisan group that studies the economy, the environment and quality of life.
Founder Noel Perry said the report helps measure the transition to an economy that uses fewer resources.
The Sacramento area has contributed to significant growth in California's clean energy sector, according to a report released today by Next 10, the San Francisco nonprofit that promotes growth of California's clean economy.
Next 10's 2013 California Green Innovation Index said jobs in Sacramento's clean economy had the fastest growth rate in the state over the measured January 2010 to January 2011 period, with jobs rising 10 percent to more than 10,000 during that time.