Schwarzenegger's Green Challenge. By Scott Pelley, 60 Minutes, CBS, December 21 2008, video (12:46) and transcript. "This month, Governor Arnold Schwarzenegger warned of financial Armageddon, as California faced a potential $40 billion deficit that threatened jobs, roads, schools and public safety. At the same time, he's pushing some of the world's toughest environmental laws to make California a leader on climate change... Schwarzenegger wants to revolutionize energy with aggressive limits on greenhouse gases. In a little more than ten years, a third of California power is supposed to flow from renewables, like solar energy. And he wants to cut tailpipe emissions 30 percent in eight years. Asked if it's the wrong time to switch the way America uses energy -- in light of the economic emergency, Schwarzenegger said, 'I think that there's never the wrong time. There's always the right time. I will argue the opposite. Because we have seen that the industries that are performing well in California, even right now in this economic decline, is green technology... So, green technology's where it's at.'"
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