RSS
Home
California climate measure to kill jobs
Print
Email
RSS
Subscribe
Californians naively approved the California Global Warming Solutions Act in 2006 (Assembly Bill 32) that mandates reductions of greenhouse gases associated with global warming. This legislation will place a “carbon tax” on California coal-fired and natural gas power plants that provide our electricity today. The tax would theoretically force the conversion to alternative energies – wind, solar, geothermal, etc.
A new report from the California State University – Sacramento predicts dire.jpg)
consequences if the state moves forward with plans to cut greenhouse gas emissions. The report concludes that the A.B. 32 global warming solutions would cost the average California household $3,857 a year, kill more than 1.1 million jobs, and cut the state's economic output by nearly 10 percent. Further estimates are that costs for food, fuel, electricity and housing would all rise – resulting in a 26% drop in discretionary spending, a slashing of California tax receipts, and an existential threat to small businesses.
A freeze on climate regulations such as A.B 32, and their inherent costs, would assist California in economic recovery. California doesn’t need a green economy. California needs a growing economy.
Related Articles:
Add a Comment
.jpg)
For about a decade, Dr. Rajendra Pachauri has been Chairman of the United Nations Intergovernmental Panel on Climate Change (IPCC). Founded in 1997, …
.jpg)
The global green establishment gathers in Copenhagen Denmark this week with the task of coming up with a replacement for the expiring Kyoto Protocol …
