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In 2006, his administration established a cap on greenhouse gas emissions by corporations. Many cried saying it would drive business away from the state but what they have found is instead, business is flocking there. Why might you ask? “As Jeffrey Immelt, General Electric Co.'s CEO, explained, because regulation is coming and he’d just as soon have a seat at that table than have it pushed down his throat.” By using California’s green tech approach, companies can be avant-garde and save themselves millions in the future.
Yet companies are not the only ones jumping on the green-tech bandwagon...
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