Clean Tech
California has been at the forefront of technological advancements moving the needle on climate change. Our state has a long history of driving market innovations for cleaner air, renewable energy, and zero emission transportation. California set the nation’s first greenhouse gas emissions standards for cars3 and our cap-and-trade program for greenhouse gas emission reduction has grown into the 4th largest in the world4.
Today, California continues to be a clean tech powerhouse. We are home to the world’s largest renewable energy power plants using advanced technologies to harvest solar, geothermal, and wind power. In 2016, California saw over $3 billion in venture capital investments in clean energy technologies – more than all the other states in the top ten combined. And with the highest share of jobs in clean energy technologies in the nation5, our workforce is prepared to keep California at the forefront of global clean tech innovations.
California has set ambitious climate change goals. Our push for emission reductions, residential solar adoption, and commitment to 100% renewable energies have solidified our place as a leader in clean tech development and adoption. California commits nearly $500 million in incentives for clean transportation annually6, enabling rapid adoption of new transportation technologies and reducing greenhouse gas emissions.
Popular Programs
California Competes Tax Credit
The California Competes Tax Credit is an income tax credit available to businesses who want to relocate, stay, or grow in California. Our team provides no-cost consultations to see if your business qualifies.
Advanced Transportation and Manufacturing Sales and Use Tax Exemption
The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) offers a full sales and use tax exclusion to manufacturers that promote alternative energy and advanced transportation.
CA Climate Investments
The California Cap-and-Trade program puts billions of dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and the environment.
References
1. E2, Clean Jobs America, US report
2. Cleantech.org
3. California Air Resources Board, “History,” accessed November 14, 2019,
4. Center for Climate and Energy Solutions, “California Cap and Trade,” accessed November 15, 2019,
5. Clean Edge analysis of US DOE and US BLS sources
6. California Air Resources Board and Proposed Fiscal Year 2019-20 Funding Plan for Clean Transportation Incentives
7. US News & World Report, Best Undergraduate Environmental/Environmental Health Engineering, accessed November 15, 2019
8. E2, Clean Jobs America, US report
9. E2 Clean Jobs California 2019