Steve Westly, former California State Controller and Chief Financial Officer, delivered remarks at the Los Angeles Cleantech Incubator (LACI)’s GloSho’15 conference, drawing on his long experience in energy innovation to focus on the remarkable progress of renewable energy technology and commercialization. Here, VX News presents an edited transcript of his address. Westly comments on trends in the sustainability and cleantech markets, such as the dropping costs of renewables and the surge of Internet of Things technologies, offering his perspective on the forces driving these trends and how companies across industries can take advantage of them. Having traced the trajectory of technological and financial innovations aimed at sustainability, he concludes by divulging his predictions for the cleantech market’s future—a future, he argues, centered in California.