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The lawmakers in Albany have passed legislation known as the Climate and Community Protection Act (CCPA) and it is sitting on the Governor’s desk awaiting signature. But legislators and activists and the business community should not stop there. There is plenty of debate on whether CCPA is good policy or bad policy.
Aimed at supporting SMEs grappling with burgeoning ESG demands, this initiative also strengthens carbon reduction regulations, paving the path for 2050 carbon neutrality. Since its establishment in 2013, the Pangyo CS Alliance, a collective of 13 IT giants based in Pangyo, has been dedicated to addressing community-centric challenges.
trillion every year between now and 2050, according to McKinsey. We have had many conversations with companies working on sustainable building and renewable energy solutions, but we expect to see even more activity in this space and a broader range of creative solutions. And the potential market is enormous.
The 2019 Institute for Policy Study on the national racial wealth gap reported if the trajectory of the past three decades continues, by 2050 the median White family will have $174,000 of wealth, while Latino median wealth will be $8,600 and Black median wealth will be $600. How has that impacted the community?
We’re proposing to build a dynamic walkable community on a portion of the property, and then surrounded with open space and renewable energy, both wind and solar. And because we didn’t do that, even the communities in the Bay Area were beginning to completely break in terms of social fabric. Why am I working on it now?
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