Past Event

The Next American Economy: Transforming Energy and Infrastructure Investment

Tuesday, February 02 - Wednesday, February 03, 2010
The Four Seasons Silicon Valley at East Palo Alto

2050 University Avenue
East Palo Alto, California

On February 2 and 3, 2010, the Brookings Institution Metropolitan Policy Program and Lazard convened leaders from the public sector, energy, infrastructure, finance and venture capital communities for an in-depth conversation focused on innovative policy and business practices that will help build the next American economy.

California Governor Arnold Schwarzenegger and Pennsylvania Governor Edward G. Rendell provided the keynote remarks. Both stressed the need for strategic investments in innovative infrastructure and energy practices going forward.

Framing the conference was the notion that the next American economy must be export-oriented, low carbon, innovation-fueled and opportunity rich—an idea which has been proposed by leading economists such as Director of the National Economic Council Larry Summers. It is with this mindset that Brookings and Lazard put together high-level, dynamic panels that centered around the private sector needs for building out the next American economy—and the policy implications. Specifically, they focused on how the traditional industry leaders (e.g., utility companies), the new industry leaders (e.g., venture capital investors), and public sector leaders can work together to move our country forward, especially within the metro areas where the resources and networks that drive innovation are rooted.

For media coverage of the event, please visit the following:

Time Is Running Out: The New York Times – Bob Herbert

Watching China Run: The New York Times – Bob Herbert

High Hopes for Clean-Energy Jobs: The Wall Street Journal – Rebecca Smith

Campaign for ‘Next American Economy’ Begins: San Francisco Chronicle – Andrew Ross

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Bruce Katz, Vice President and Director, Metropolitan Policy Program, Brookings Institution Vernon Jordan, Senior Managing Director, Lazard and California Governor Arnold Schwarzenegger
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Wall Street Journal reporter Rebecca Smith leads a conversation with business leaders Pennsylvania Governor Edward Rendell
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Conference participants Jim Robinson of RRE Ventures and Michael Ahearn of First Solar From left: Bob Herbert (New York Times), Mallory Walker (Walker and Dunlop) and George Bilicic (Lazard)

The Next American Economy: Transforming Energy and Infrastructure Investment