[quote=air_ogi]
Both Colorado and Arizona have strong clean energy programs. These companies are not moving out because AB32 is too strong, it is because other places have better AB32s.
But should Prop 23 pass, then you will see mass exodus of clean tech companies out of California.[/quote]
Left unsaid, but implicitly understood from the above, is the fact that California, once an innovation engine AND business friendly, has watched her competitive advantage erode nearly completely.
This state was built on a bi-partisan basis (think Pat Brown and Ronald Reagan) to be an education, research & development and economic juggernaut, as well as a massive sponge for federal spending, especially Department of Defense dollars. You saw the benefits first-hand with the rise of high-tech, aerospace and defense-related
businesses from the late 1940s all the way through the 1990s.
We’ve now squandered that competitive advantage and have succeeded in driving businesses from the state en masse.
States like Nevada, Arizona, Colorado and Texas have smartly seized on our missteps, and created an environment and atmosphere that encourages innovation, creativity and commerce.