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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.

The California Green Innovation Index tracks California’s performance related to key economic and environmental indicators. This 3rd edition documents California’s increasing global leadership in green innovation, cleantech venture capital investment, and energy productivity, despite the economic downturn. New data also show that more businesses are opening in California than are closing or leaving.

Next 10 is providing the most comprehensive green jobs accounting to date, systematically tracking the most recent available data on green companies, job type, location and growth across every sector and region of California. California green jobs increased by 36% from 1995 to 2008 while total jobs in California expanded only 13%. As the economy slowed between 2007 and 2008, total employment fell 1%, but green jobs continued to grow by 5%.

Energy Prices & California’s Economic Security finds that energy efficiency and renewables offer a valuable hedge against the risks of higher fossil fuel prices, quite apart from the fact that fossil fuel consumption generates over 80 percent of global GHG emissions.

Next 10 and partners convened venture capitalists, entrepreneurs and industry leaders to discuss policy options for driving near-zero emission transportation innovation. This summary report was prepared by Deborah Gordon with input from an array of experts. While this is not a consensus document, there is general agreement among experts that a multi-faceted solutions toolbox – a mix of rules, incentives, RD&D, and other complementary policies will be needed to fully commercialize near-zero emission transportation innovations.

On April 16, 2009 Next 10 and the ICCT convened a GHG allowance/fee revenue allocation workshop in Sacramento. A summary report prepared by meeting organizers presents the findings from this workshop. We believe that lessons learned will help inform decisions at the state level, and will also be helpful to policy-makers addressing similar questions at the federal level.

Energy Pathways for the California Economy evaluates the state’s energy demand and supply horizons, and the economic impact of accelerating deployment of renewable energy resources and energy efficiency trends in California. The report shows that the faster and farther California can improve household and enterprise energy efficiency, while accelerating deployment of renewable energy resources, the faster the state economy will grow and create jobs.


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