Lt. Gov. of CA: California Needs Tax Incentives to Create Green Collar Jobs
Editors Note: This is a guest contribution from the Lieutenant Governor of California, John Garamendi.
The Commission for Economic Development, which I chair, released its annual report this week, offering economic development strategies for California lawmakers as they pursue policies that can best help promote new employment in California. After extensive meetings with commission members and stakeholders, and after a thorough examination of the final report, I am convinced that California should consider the creation of targeted tax incentives for small green businesses that can deliver on the creation of new green collar employment opportunities for Californians.
The need to offer incentives to start-up and small green businesses is clear. President Barack Obama’s stimulus package calls for doubling our nation’s renewable energy capacity in three years.
