A bill by Senator Dave Cortese, which seeks to meet the rapid demand for data centers from individuals, organizations, and industries in California, cleared its first policy committee on Tuesday. The Senate Energy, Utilities and Communications Committee today advanced SB 1298, which would streamline the approval process for data centers and maintain clear guidelines for development, all while upholding California’s robust environmental standards and creating thousands of new construction jobs across the state.
SVLG CEO Ahmad Thomas today applauded the White House, which today announced plans to invest over $5 billion in semiconductor-related research, development, and workforce needs, to advance President Biden’s goals of driving R&D in the United States through the CHIPS for America program. Thomas noted that California remains well-positioned to offer the highest return on investment for these federal funds.
Governor Newsom put forward a budget proposal that I believe is carefully crafted to close the $37.9 billion deficit while continuing to fund California’s top priorities, from addressing climate change to encouraging innovation and supporting public safety.
Silicon Valley Leadership Group (SVLG) – the leading business association representing the innovation economy and its ecosystem – today welcomed world leaders from the 21-member Asia-Pacific Economic Cooperation group to San Francisco and the Bay Area for the annual summit promoting trade, investment, and economic development.
Governor Newsom recently signed an extensive package of housing bills, delivering important progress on tackling the state’s housing affordability and production crisis. SVLG was proud to engage on several measures, including co-sponsoring AB 1114 by Assemblymember Haney, which will address excessive permitting and construction timelines in San Francisco; supporting SB 423 by Senator Wiener, which reauthorizes SB 35, one of the state’s most impactful housing streamlining policies; and supporting AB 281 by Assemblymember Grayson, which ensures that housing projects are reviewed by special districts in a timely manner.
The Silicon Valley Leadership Group (SVLG) – today announced plans to launch three new initiatives – first, the Zero-Emissions Vehicles (ZEV) Task Force, second, the Climate Bond Task Force, and third, the Working Group on Transmission + Interconnection – as part of an ongoing initiative to advance sustainable climate solutions, drive job creation, and increase investment in clean and reliable energy infrastructure across Silicon Valley and the state of California.
As the leading organization representing the innovation economy and its ecosystem, SVLG supports the Governor’s proposals to streamline CEQA. These clean infrastructure projects – like water, clean transportation projects like Zero Emission Vehicle charging infrastructure and rail upgrades, clean energy and semiconductor or microelectronic research and development facilities – will promote jobs, strengthen California’s competitiveness, and reduce greenhouse gas emissions. The proposed reforms are essential to position California to compete not only for federal dollars but also private-sector investments at a time of great economic volatility and uncertainty.
The Silicon Valley Leadership Group (SVLG) – the leading business association representing the innovation economy and its ecosystem – today announced a new working group co-chaired by member companies Google and Johnson & Johnson focused on the responsible use of artificial intelligence by the technology industry.
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