| I’m pleased to report, California’s Governor Gavin Newsom presented the state’s ‘California Blueprint’ today with a strong commitment to the development of ‘Lithium Valley’.
“We have what some have described as the ‘Saudi Arabia’ of lithium here in the state of California,” Governor Newsom said. “We want to put to work a new regulatory framework to spur private investment, to focus on creating loan programs and de-risking investment, new regulatory certainty, focus on environmental and labor standards right up front, so we can set the rules of the road, get policy to drive an acceleration of investment and focus on regionalizing economic opportunity in part of the state that deserves more investment and more attention.”
On behalf of Controlled Thermal Resources, we applaud the actions taken by Governor Newsom today to spur private investment, improve renewable energy while developing a world-class battery manufacturing eco-system that will create good paying jobs in Imperial County.
“We are resolved and enthusiastic in investing in this space,” Governor Newsom added. “If you want to invest, there is no better place to invest in the future green energy, low carbon, green growth than the state of California.”
We join Governor Newsom in commending Assemblymember Eduardo Garcia and the many champions of Lithium Valley for their efforts to raise awareness and action at this historic time in the global transition to a clean energy and mobility future.
All the best,
Rod Colwell
Chief Executive Officer |
Governor Newsom comments on Lithium Valley
