Tuesday, December 09, 2008

Sacramento Bee Op-Ed by Phil Angelides

Count a victory for the Apollo Alliance. For several years now, this coalition of organizations advocating for "green growth" to spur job creation and the expansion of renewables has been hitting the pavement with insufficient media exposure. A recent edition of the Sacramento Bee features an op-ed piece from AA Chairman Phil Angelides on why the time is right for a green economic revival.


My View: New strategy to rally nation under green flag
By Phil Angelides
Special to The Bee
Published: Thursday, Nov. 20, 2008 | Page 11A

When it comes to America's financial crisis, there's plenty of blame to go around. You don't have to dig far into the toxic sludge of bad credit, soaring deficits, fiscal mismanagement and deregulation to see that all of it blends together to form a really big mess. And you don't need a Ph.D. in economics to know that the financial market meltdown is a warning sign that America's economy is in desperate need of an overhaul.

Leaders of nations, just like executives of financial institutions, are responsible for understanding and responding to new market signals. And when they don't, the economies of great nations – just like the creditworthiness of corporate giants – can crumble with frightening speed.

Which brings me to the biggest emerging market opportunity of our lifetime. That is the opportunity to galvanize American technology, workers, ingenuity and courage to do something truly great – building a clean-energy, good-jobs, made-in-America economy that will power our nation in the 21st century. [...]

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