Jerry Brown
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- Milken Institute1h 41m
Part 1- Jerry Brown and Kevin de León | Part 2-Trends in Global Entertainment
Jerry Brown, Kevin de León, Mike Milken, Julia Bernstein, Peter Rice
Governor Jerry Brown and Senator Kevin de León led a major California conference to announce an aggressive executive order mandating a 40% carbon reduction by 2030 while outlining a "50-50-50" framework for energy efficiency and petroleum use. Despite the last-minute cancellation of Ayaan Hirsi Ali, the event featured a closing panel analyzing how Hollywood is adapting its financial models and content strategies to capture 70% of global revenue through international markets and direct-to-consumer platforms. These initiatives collectively reinforce the state's role as a subnational leader in climate policy and a driver of the global entertainment economy.
- Milken Institute22 min
Keynote Address: Gov. Jerry Brown
Governor Jerry Brown credited California's transition from a $27 billion deficit to a projected surplus of up to $12 billion on five voter-passed structural reforms, including redistricting and a top-two open primary, while cautioning against using temporary capital gains to fund permanent programs. The administration is currently shifting education funding from state mandates to a local formula that targets low-income and non-English-speaking students, reversing a trend of centralized control initiated by Proposition 13. Despite facing unresolved liabilities such as unfunded pensions and deferred infrastructure maintenance, the state continues to lead the nation in venture capital and innovation while positioning climate change solutions as a key economic driver.