Claiming that creating jobs to help curb global warming would result in a $60 billion net increase in California\u2019s gross state product by 2020, Senator Barbara Boxer (D-CA) hosted a \u201cGreen Job Growth\u201d hearing in Silicon Valley August 14. \u201cEach dollar invested in new solar generation would result in an additional 50 cents of economic activity in California, compared to producing the same power through conventional means,\u201d said Barry Cinnamon, Akeena Solar chief executive officer. During this week\u2019s hearing, he called for continued state subsidies until the green industry is \u201cself-supporting.\u201d His calls were echoed by witnesses outside the renewables industry. They urged governmental action and subsidies be dedicated to jumpstarting a lower carbon economy. Venture capitalist Bill Unger, partner with the Mayfield Fund, said governmental policies \u201ccan stimulate innovation, leading to new economic growth.\u201d He added that private capital can\u2019t do it alone. \u201cPublic investment in cleantech is crucial\u201d to accelerate the pace of research and reassure private investors. Boxer also heard from advocates of using coal as a synthetic fuel to underscore \u201cgreen\u201d jobs. Evergreen Energy, a synfuel company based in Denver, Colorado, and its subsidiary C-Lock Technology, had officials tell the senator that synfuels are also an economic engine. Evergreen\u2019s process \u201creplicates nature,\u201d stated Evergreen chief executive officer Kevin Collins. The company uses a chemical method to transform coal into \u201ccleaner-burning fuel,\u201d according to Collins.