The California Environmental Technology Partnership and AB 2060 hazardous waste technology certification

Conference · Sat Dec 31 04:00:00 EST 1994

OSTI ID:78054

Schofield, J T

The field of environmental technology is poised for explosive growth throughout this decade and beyond. Currently, the worldwide market for environmental goods and services is estimated to be over $200 billion according to the Environmental business Journal (EBJ). The EBJ estimates that US environmental firms have approximately $120 billion in revenues. Additionally, California`s environmental industry accounts for 17% of the US revenues and 7.5% of worldwide revenues. This amounts to a $20 and 25 billion industry in California. According to a July/August report by the Environmental Export Report, the worldwide environmental industry is estimated to be between $200 and $300 billion and growing at least at 6% annually to between $300 and $400 billion by the year 2,000. The EBJ also estimates that US exporters have the potential to capture $1 billion a year in Western Europe and about half of that in Japan. California`s high environmental standards present unparalleled opportunities for economic growth and job creation. As environmental awareness and standards are raised throughout the world, California is widely recognized to have tremendous economic advantages in capturing these lucrative markets. This industry provides over 180,000 jobs in California. Current estimates suggest that by the year 2000 as much as 3% of the nation`s gross national product will be devoted to protecting the environment, and that the industry will exceed $170 billion by 1996.

• OSTI ID: 78054
• Report Number(s): CONF-9404125--
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
CALIFORNIA
COMMERCIALIZATION
ECONOMICS
ENVIRONMENTAL POLICY
ENVIRONMENTAL QUALITY
HAZARDOUS MATERIALS
REMEDIAL ACTION
TECHNOLOGY TRANSFER
WASTE MANAGEMENT