California's Green Economy Lost Jobs as Recession Raged
The green economy that California officials hoped would add jobs during the depths of the recent recession actually lost positions instead, according to a new report.And yet, California clean-tech companies still fared better than the state's economy as a whole in 2009, the year covered by the report.
Employment in California's "core green economy" shrank 3 percent between January of 2009 and January of 2010, according to the "Many Shades of Green" report, released Feb. 7. California's overall employment, meanwhile, dropped 7 percent.
The report, from the Next 10 public policy group, defines the core green economy as businesses that provide alternatives to carbon-based energy sources, conserve energy or natural resources, reduce pollution, or find new uses for waste.
Read more: ScrippsNews California's green economy lost jobs as recession raged