October 14, 2020:  California is about to see the greatest shift of wealth in  its history, said Yuko Saito-Rodriguez. “And transportation is the heat of it.” She was our luncheon speaker today.
 
Yuko is a regional manager for Velur Enterprises, a leading Southern California land management firm.
 
She cited numerous metrics showing the growth of investment in Southern California, many of them having to do with electrification.
 
“We see 10 billion tons of freight moving in Los Angeles alone. We are seeing the greatest shift from fossil fuels to electric vehicles. A Saudi oil minister recently commented the oil age will end.”
 
“Battery storage companies are popping up almost daily.” she said. “Governor Newsome has signed an order banning fossil fueled cars by 2035. He wants every household in the state  to have access to solar power by 2025. And there are 42 major vehicle manufactures in California. They create jobs,”
 
A Google search turn up numerous solar farms in California. “In 2019, solar PV and solar thermal power plants produced 28,463 gigawatt-hours (GWh) of energy or 14.2 percent of California's in-state generation portfolio. A total of 748 operating Solar power plants," Google notes, “The largest currently operating solar farm in the U.S. is the 579-MW Solar Star installation which came online in 2015.”with an installed capacity about 12,338 megawatts, are in California.”
 
“Amazon recently announced that the company will have 100,000 electric delivery vehicles,” she said
 
Apple became the most valuable company in the world. And NextEra took over Exon Mobile in worth, she noted.
 
We will see the biggest land rush in California in the near future, she commented.