From: Anne Cardwell To: Amalia Lorentz; Charlie Knox; Council: Jim Erickson Date: 5/2/2008 5:20:31 PM Subject: Fwd: FW: Important reports on economic potential of cleantech industry in Bay Area Hi, It looks like some of you already received this, but just in case... thanks, Anne >>> Norma Fox <[email protected]> 5/2/2008 4:46 PM »> Hi Anne, Can you check and make sure that this email did get to the Council members. Also, please forward it to any other interested persons, such as Jim Erickson, Amalia Lorentz, Charlie Knox, etc. thanks very much, Norma Fox From: [email protected] To: [email protected]; [email protected]; [email protected]; [email protected]; [email protected] Subject: Important reports on economic potential of cleantech industry in Bay Area Date: Fri, 2 May 200816:41 :01 -0700 .ExternalClass .EC_hmmessage P{padding:Opx;}.ExternaIClass body.EC_hmmessage{font-size:1Opt;font­ family:Tahoma;}Dear City Council members, I've been doing some research on the economic potential of the emerging cleantech industry in the Bay Area and I've found some reports that I beg you to read. (I'm just providing links to the reports rather than attached files. The link should open up the report (pdf) and you can either read it online or print it out. If the link doesn't work, let me know and I'll send the file itself or hand deliver it.) After reading these reports I'm convinced that it's imperative, for the healthy economic future of Benicia, that the Seeno project must begin with the industrial zone as Phase I (with a specific cleantech R&D focus), and not with the commercial zone. After a 7-8 year build out of the commercial zone as Phase I, we will have missed out on our golden window of economic opportunityl It's all happening now, not 8 years from now (explosion of University R&D, spin off cleantech businesses, govt. initiatives and grants, venture capital, etc.). And we are perfectly situated, 40 min. from UC Davis and 40 min. from UCB, with acres of vacant land already zoned industrial, and a well matched employment pool, and relatively low cost housing, and good schools. (It might also give us a better shot at getting a ferry stop here.) This could be Benicia's golden egg. But only if we act now. Remember that our 10-year Economic Development Strategy--adopted by Council last fall--does call for 'clean energy high-tech R&D uses in our industrial districts' in the next ten years (not commercial development there). I really believe if we require Seeno to pay for a thorough and up to date economic analysis (such as this example of what Oakland did for their Gateway Development Area) comparing the projected economic viability of his current development scenario with the projected economic Viability of a cleantech industrial/R&D campus (assuming Phase I begins with industrial/R&D), it would clearly show the later to be far more likely to be economically successful-given the context of today's current and future economic pressures, constraints and opportunities. The General Plan Policies on Sustainable Economy (Prog.2.5.c) calls for evaluating future uses on a cosVrevenue basis for the long term. Apparently Seeno produced some sort of rosy economic analysis in 2006, based on old data, (which no one has ever seen) but it was never reviewed and vetted for accuracy by any independent financial expert or economist. Would it be possible for the Council to require an up to date and professional economic analysis, with independent audit and verification, comparing the above Cleantech scenario to Seeno's proposed plan, before any project can be approved? Anyway, here are the links to the reports. Think about what this could mean for Benicia's future and jobs for Benicians. Thanks for your time! --Norma Fox 1) Clean Technology And the Green Economy, March 2008 I http://www.labor.ca.gov/panel/pdf/DRAFT Green Economy 031708.pdf 2) Clean Energy Trends 2008 , ~arch 2008 http://www.cleanedge.com/reports/pdflTrends2008.pdf 3) Innovative Energy Solutions from the SF Bay Area: Fueling a Clean Energy Future, June 2007 http://www.bayeconfor.org/medialfiles/pdf/FuelingACleanEnergyFuture.pdf 4) The Economic Development Potential of the Green Sector, June 2006 http://repositories.cdlib.org/cgi/viewcontent.cgi?article=1 086&context=lewis Windows Live SkyDrive lets you share files with faraway friends. Start sharing. Stay in touch when you're away with Windows Live Messenger. 1M anytime you're online. DRAFT California Economic Strategy Panel Members Secretary Victoria L. Bradshaw – Chair Pius Lee, California Realty & Land, Inc. Danny Wan, Port of Oakland The Honorable Juan Arambula, California State Assembly Jerold Neuman, Allen, Matkins, Leck, Gamble & Mallory LLP Malaki Seku-Amen, UNITY Media Joseph Fernandez, Active Motif, Inc. Barry Hibbard, Tejon Ranch Company Larry Mankin, Santa Clarita Valley Chamber of Commerce Tim Rios, Wells Fargo Bank Scott Syphax, Nehemiah Corporation Pablo Wong, Fidelity National Title Group Edward Kawahara, PhD, Principal Consultant to the Panel PREFACE The California Economic Strategy Panel (Panel) continuously examines changes in the state’s economic base and industry sectors to develop a statewide vision and strategic initiatives to guide public policy decisions for economic growth and competitiveness (see www.labor.ca.gov/panel/). The fifteen-member Panel is comprised of eight appointees by the Governor, two appointees each by the President pro Tempore and the Speaker and one each by the Senate and Assembly Minority Floor Leaders. The Secretary of the California Labor & Workforce Development Agency serves as the Chair. The Panel first identified California’s economy as an economy of regions in 1996. At that time, the Panel also adopted a new way of looking at industry sectors and how they function and grow as industry clusters. These new ways of looking at the economy became the basis for the analytical work completed then, and have provided a foundation for the Panel’s work since that time. The California Regional Economies Project is currently the lead research mechanism for the Panel to identify economic policy issues and growing industry sectors. The project provides the state’s economic and workforce development systems with data and information about changing regional economies and labor markets. The information provides a new resource in economic and workforce development strategic planning, policy development and investment decisions at the state and regional levels. With the enactment of the California Global Warming Solutions Act (AB 32) as well as several Climate Action Team initiatives, California is becoming a national and global leader in combining advances in public policy and private sector innovation to enhance both environmental quality and economic growth. With the venture capital community heavily investing in a range of clean technologies, questions arise as to what makes up the green economy, what jobs are being created, and what economic policy issues need to be addressed. These investments signal a transformation for the entire California economy. The Clean Technology and the Green Economy: Growing Products, Services, Businesses and Jobs in California’s Value Network is another monograph in a series of studies produced under the California Regional Economies Project. The monograph’s primary objective is to help define California’s green economy and provide state government policy leaders with answers to the questions above. The California Economic Strategy Panel will engage the range of leaders contributing to this economic transformation and consider policy implications to facilitate growth and competitiveness of the emerging green economy. The California Regional Economies Project is sponsored by the California Labor & Workforce Development Agency, California Employment Development Department, California Workforce Investment Board, California Community Colleges Chancellor’s Office and Employment Training Panel. 3 TABLE OF CONTENTS Executive Summary.......................................................................................................... 5 The Context: New Constraints and New Options........................................................ 6 What is the Green Economy? .......................................................................................... 7 California’s Green Economy Value Network.......................................................................................8 Example: The Solar Energy Value Network ......................................................................................11 Inventory of California’s Green Industry Firms: How Large is the Industry? ........... 13 Composition of California’s Green Business......................................................................................14 Geographical Distribution of the Green Economy...........................................................................19 A Promising Environment for California’s Green Economy....................................... 20 Green Innovation & Entrepreneurship.................................................................................................20 Innovative Public Policy: New Technology – New Markets..........................................................23 Appendix .......................................................................................................................... 27 4 EXECUTIVE SUMMARY Nationally and globally, attentions are focusing on rising energy costs, questions