That's according to Next 10's "2012 California Green Innovation Index." The phrasing was "gradually transitioning."
The report, which looks at the previous year's data, says the Sunshine State surpassed 1,000 megawatts of solar energy capacity, attracted $3.5 billion in cleantech investment in 2011 and accrued 910 green technology patents for a first-in-the-nation performance.
Findings in the 75-page report sound positively radiant, especially in light of news that subsidies like those provided by the American Recovery and Reinvestment Act of 2009 are disappearing, economic and international pressures continue and many renewable energy companies are struggling to survive.
California is unique
But F. Noel Perry, Next 10 founder, offers no apologies. In his prelude, he says, "California’s ability to foster and develop new ideas, markets and technology is unique." He says the purpose of the Index "is to document the impacts of California’s efforts to transition to a low carbon economy in order to understand what works and what doesn’t in driving innovation."
