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The Los Angeles Business Council (LABC) is sponsoring its 2nd Annual Sustainability Summit at the Getty Center today. The event will feature business, political, environmental and academic leaders dedicated to attracting business that provides green energy to Southern California.

LABC has emphasized the existence of billions of dollars in economic opportunity related to the burgeoning industry that includes solar and wind energy technologies, as well as water conservation and emission-reduction solutions.

In advance of the summit, the LABC issued five guiding principles for Los Angeles leaders to consider embracing:

- insisting on private/public sector collaboration, rather than government-focused approaches that threaten to stifle competition and innovation,

- developing a strategic plan in partnership with academic and business leaders to leverage the billions of dollars in projected investment over the next decade to drive the local green economy,

- quantifying the inherent competitive characteristics that Los Angeles offers, including top private-sector talent, skilled workers emerging from local community colleges, world-class academic expertise at local universities and political leaders,

- making the investment in the technologies as a means of attracting green industry, including wind power and solar installations, working with the technology leaders the LABC seeks to attract, and

- reaching beyond power generation to include environmental quality, water conservation and green development initiatives as part of the regional sustainability efforts.

SOURCE: Los Angeles Business Council

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