Los Angeles is home to more tech companies than any other city in the US, and that's good news for the environment, right? Not so much, according to a new Atlantic Council study.
The study, which looked at Los Angeles and California's environmental policies, found that the Golden State is on track to become the world's most carbon-free state by 2050 despite major efforts to fight climate change, the Los Angeles Times reports.
But the study warns that California's ambitious plans to reduce greenhouse gas emissions could jeopardize the state's reputation as a high-cost state for workers and business.
"California's continued success as a global technology and climate innovator depends on its ability to mitigate these risks," the study's lead author, Peter Engelke, says in a press release.
For example, the state's plan to expand wind and solar infrastructure is at odds with other aspects of its environmental legacy, such as habitat conservation, the study found.
And climate change itself could endanger the state's power grid if extreme weather becomes more frequent and damaging.
The study found that Los Angeles, home to more tech companies than any other city in the US, is on track to become the world's most carbon-free state by 2050 Read the Entire Article
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Government efforts to promote entrepreneurship always fail because they focus on building science parks and top-down clusters.