Economics
California Creates Most Clean Tech Jobs Paying Investors
Solar panels are installed in Los Angeles, California.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
California’s bet on green energy is paying off, with clean technology companies creating more jobs and investing more money than competitors in any other state.
As Governor Jerry Brown pushes the nation’s largest state to wean itself from fossil fuels, that policy also is rewarding investors. Shares of California companies in the NYSE Bloomberg Americas Clean Energy Index are expected to climb 96 percent in the next 12 months, compared with the 47 percent forecast for all U.S. members, according to analyst recommendations compiled by Bloomberg.