Solar companies are applauding California's defeat on Tuesday of a ballot proposition that threatened to hobble the state's effort to reduce emissions and their business interests, Forbes reports.
They also applauded the same day's election of Jerry Brown as an environmentally friendly governor who appears interested in and ready to follow the path laid out by outgoing Governor Arnold Schwarzenegger, who was term-limited.
"The double positive for the solar industry was Brown getting elected governor and no on 23," SPG Solar chief executive Tom Rooney told Forbes. SPF is the second-largest California solar panel installer.
Opposition to Proposition 23 garnered contributions from liberal billionaires, including one whose employer supports a venture capital firm that backs green tech companies. Oil refiners in Texas were supporters of the proposition.
Rooney said news about the solar industry expanding in California and elsewhere assisted the defeat of the proposition, whose proponents claimed solar was slashing jobs. He said his company has grown 400 percent in the past two years by hiring more installers while the Solar Energy Industries Association said the sector will surpass 60,000 created jobs by the end of the year.
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Solar companies are applauding California's defeat on Tuesday of a ballot proposition that threatened to hobble the state's effort to reduce emissions and their business interests, 
