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Home > By DEPARTMENTS > Finance and Financial Management for Green Business > Investment and Funding for Green and Sustainable Programs and Business Development

Sacramento Fosters Clean Tech with Policies and Dollars

Sacramento combines policy and purchasing power for clean energy, fuel and conservation business

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Sacramento is situated to become a breeding ground and launching pad for "clean technology". Energy. Fuel. And conservation strategies.

Green technology is ripening in Sacramento, the seat of government for a state that has the eighth-largest economy of the world, a multibillion-dollar annual budget and a governor who wants to be a global environmental leader. Some envision the region becoming a breeding ground for "clean tech" startups and say proximity to the government can help it happen.

Major technology revolutions such as the computer and telecommunications didn't spawn in political centers because they have not been the customer centers. But energy is different. Utilities are controlled in the political halls. Governments are often the largest employers -- and they use a lot of energy and fuel. They are major customers of clean tech, green building services and today, they are getting behind renewable energy to prevent devastation of statewide industries from global warming.

The cash and power concentrated at California's Capitol may give Sacramento an edge for attracting companies focused on renewable energy, energy efficiency and green-building technologies. Green technology business relationships are complex. The state is making purchasing decisions, as well as policy decisions.

Sacramento is growing as a hub of utilities, agencies and commissions that are involved in the governmental, commercial and residential adoption of new technologies. State capitals are closer to the energy channel. And they also attract companies that know how to access and sell to state and local governments.

Keep your (electric) eye on Sacramento!

Edited by Carolyn Allen, owner/editor of California Green Solutions
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