|Governor Arnold Schwarzenegger (R-CA) endorses presidential candidate Sen. John McCain (R-AZ) at an event in Los Angeles, CA. Los Angeles, CA : 23 min.|
GOVERNOR SCHWARZENEGGER: Well, thank you very much, Randy, for the nice introduction. And of course, I think it is very important that you all know that there will be a quiz afterwards where you will be asked all the detailed questions that he has just given you, to make sure that you remember all of this stuff. But anyway, it is nice to be here today, and I want to thank Senator McCain and Mayor Rudy Giuliani for being here today. And we want to thank, of course, Bruce and also Randy for taking us around and giving us a tour of this wonderful facility here, and we want to thank you for hosting us here today.
This is a perfect place where we can talk about our shared commitments to protecting the environment and to stimulate the economy at the same time, because this is exactly what Solar Integrated Technologies is all about. And I think that we have talked about that so many times, that you can protect the environment and protect the economy at the same time.
I have just talked to one of the workers here when I walked through this great facility, and I said, "How do you like your job? How do you like the things that you're doing here?" And that worker said, "I am happy every morning when I get up, because I'm producing something that is cleaning our environment, that is fighting global warming, and we are creating the jobs." I said, "Why don't you go out and give my speech? This is exactly what this whole thing is about." And this is exactly what this is about, because they are producing here the large-scale solar panels that are being used for schools, for factories, for distribution centers and for businesses, for warehouses, all over the world.
And it is exactly, again, why it is so important that the world becomes their marketplace. I was yesterday with President Bush, where we talked about eliminating trade barriers, and selling our goods all over the world. And, of course, for California this is a big, big win-win situation, because we have the best products in the world.
And this company here is a perfect example of that. Just in the past year, just to show you, when we talk about protecting the economy and protecting the environment, here we have an economy that is now flattening out, that is leveling off, that is not really producing what we anticipated because of the housing crisis and because of the mortgage crisis, the subprime crisis. And here this company is increasing its productivity over this last year by 100 percent. So, this is really extraordinary. You're creating jobs, you're protecting the environment, and you're fighting global warming.
And that is music to my ears, and this is music, I know, to Senator McCain's ears and also to Mayor Giuliani's ears. And of course Senator McCain and I, we have talked about this many times. As a matter of fact, we did a year ago an event here talking about global warming, and how this is the future. The future is clean technology, energy independence and green investment.
So venture capital is coming into California in huge amounts. As a matter of fact, 40 percent of the venture capital that is being invested in green clean technology is invested right here in California. Solar energy is a great way to fight global warming, and with companies like this one here, and with policies that we have in California -- if it is rolling back the greenhouse gas emissions to the 1990 level by the year 2020, or if it is the tailpipe emissions standards, or if it is the low carbon fuel standards -- all of those things will create a great, great future for California and for the United States and the world.
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