tagged w/ AB 32
Perceptions of whether California’s Global Warming Solutions Act, AB 32, is going to save or destroy the California economy depends on who’s doing the talking.
Opponents, like Republican gubernatorial candidate Meg Whitman, say the measure is too expensive and will destroy jobs in California. In fact, she has made suspending the greenhouse gas reduction law a cornerstone of her campaign. She also suggests that California’s Environmental Quality Act, a model for environmental protection laws in other states, needs drastic reform.
Whitman and other opponents of AB 32, including those trying to get an initiative on the November ballot to suspend the law, argue that if the regulations are implemented, more than a million jobs in California may be lost.
Supporters of AB 32 say Whitman has it backwards: Implementing AB 32 will create jobs and without it, the California economy cannot recover ...
http://solveclimate.com/blog/20100222/venture-capitalists-move-repeal-california-climate-law-endangers-job-creatorPerceptions of whether California’s Global Warming Solutions Act, AB 32, is... more
In 2006, California Gov. Arnold Schwarzenegger signed into law Assembly Bill 32, the first state global warming legislation to cap greenhouse gas emissions across all sectors of the economy. The law calls for capping greenhouse gas emissions in 2012 and reducing emissions to 1990 levels by 2020.
Supporters say AB 32 will help slow climate change while creating jobs, improving the health of California residents and creating local energy sources that keep energy money from leaving the state.
But while California is the leading state in clean energy jobs and investment — its green jobs sector growth was 2.5 times faster than overall economic growth — opponents say the law is too expensive and will cost the state jobs. Particularly at a time when California is facing over 12% unemployment and budget deficits, they want to slow down implementation. ...
http://solveclimate.com/blog/20100218/california-s-landmark-greenhouse-gas-law-comes-under-attackIn 2006, California Gov. Arnold Schwarzenegger signed into law Assembly Bill 32, the... more