Please join us at Instituto Laboral de la Raza’s First Annual Labor Capital Breakfast at the Delancey Street Town Hall in on Thursday, August 21, 2008.
This unique gathering will feature a special presentation on using labor’s capital investment for creating green jobs, a sustainable world and economic growth by California State Controller John Chiang, Jack Ehnes, CEO, CalSTRS California State Teachers’ Retirement System and Jerome Ringo, President, Apollo Alliance.
www.ilaboral.org/breakfast2008 This is a regional Labor Capital summit on sustainability and economic growth. The big players in this market space will be there. Tickets are limited to 280 seats and the event is sure to sell out quickly.
Clean energy technologies and markets are providing outstanding opportunity and growth in today’s sluggish economy. North American companies that create eco-friendly products raked in $3.95 billion in venture capital during 2007, up 38 percent from 2006. California companies, most of them in the Bay Area received the largest share, $1.79 billion. That is 45 percent of all green investments in North America.
Today State treasurers and controllers across the country are working together with public and union pension fund managers in initiatives such as the Investor Network on Climate Risk which recently announced at the United Nations an action plan to invest $10 billion in support of clean tech over the next two years. The Apollo Alliance has created a vital coalition of business, labor, and environmental leaders, working to catalyze a new clean energy economy put millions of Americans to work in a new generation of well-paid, green-collar jobs and make our country a global leader in the clean energy revolution. Union and public employee pension funds are key sources for equity investments, venture capital, and project financing to develop "clean" technologies that can provide positive, long-term returns and that can create good jobs and economic growth in California.
