Yesterday was the 3rd Annual SARTA Tech Index Celebration held at the Sacramento Convention Center. Although the keynote speaker was Richard Belluzo, former president of Microsoft, the most important revelations came from the talk of Jadoo Power Systems CEO, Larry Bawden. For those in the crowd unaware of the potential of hydrogen fuel cells, it was an enlightening experience. Richard illuminated everyone with a combination of vision and perspective. Vision was provided in the form of today's headlines regarding energy policy and politics, including Iran, Iraq, and Russia, and the strains put upon supply by the growth and consumption of India and China. Anyone with their eyes open knows things look daunting. Perspective in terms of what his own company, and some of the current players in the industry, are doing with respect to fuel cells. To learn more about what his company is doing, here is the link. The Sacramento region is host to a number of fuel cell companies, and in addition, is home to the California Fuel Cell Partnership.

However, the main point for this post was not to just mention fuel cells. Today, the beautiful nation of Sweden made an astonishing revelation...... "Sweden aims for oil-free economy" by the year 2020. Here is the article link. Although we heard our president talk of America's "addiction to oil," this is the first real talk of action. It is good to see that things are starting to happen and awareness is building. The future is exciting and Sacramento's business community appears poised as a player to the upcoming changes.

Edward Hamati
CSUS MBA
Sacramento Entrepreneurship Academy Class of 2005