California’s global-warming law to will shrink state economy, hit businesses, consumers with higher fuel costs, while perhaps not reducing greenhouse gas emissions.
Two recent studies have confirmed what the Register’s Editorial Board has warned since 2006 – California’s Global Warming Solutions Act will have devastating effects on the state’s economy, and even be counterproductive in its goal to reduce greenhouse gas emissions.
It was a big red flag when the California Air Resources Board, which enforces the law, estimated in 2010 that it would reduce the state’s economic output by 0.2 percent. It should have raised more eyebrows than it did when bureaucrats and regulators tasked with putting the best face on its consequences admitted it will have a negative economic effect.
California still has an economy??? Wow. It should be on the DNR list!
Stupid governors seem to be the biggest problem for California.
The governors and legislatures are freely elected. Are they causing problems? Vote them out. What to do? Observe and follow what successful states do.
Please California, keep up the good work, we in Texas are enjoying the rewards of your ideas.