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Attracting "Green Industry": An Economic Development Approach for the City of Los Angeles
Abstract
Los Angeles is an urban center that faces a slew of environmental and economic challenges. Economic and environmental goals can be met through an environmental sustainable agenda that concentrates on attracting and developing the green economic sector. The green economic sector includes all businesses that provide environmental goods and services such as alternative sources of energy and pollution prevention technology. The foregoing research examines the green economic sector in Los Angeles. It first quantifies existing establishments in the city, and then examines other municipalities and international governments in order to present a set of recommendations to build upon and reform existing programs in the city. This burgeoning sector offers opportunities for revenue generation and job growth within the city. Political attention has been recently focused on these possibilities. Green industry can help to reverse some of Los Angeles' environmental and economic problems.
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