[Carry_Okie]

All of this makes makes SB 1368 the more interesting story of the day, in my mind. Environmentalists love it, businesses largely hate it... and the governor is taking what some might think the more politically risky road by signing it.

Proof that Mr Meyers is a blithering idiot.

[Fudd]

...electricity provided to California must be generated from plants that meet the state's greenhouse gas standards

So, how does the bill affect existing long-term contracts? Are the suppliers on the hook to update their plants, or is there a clause to exempt existing contracts?

I see some lawyers getting richer off of this mess.

[calcowgirl]

The average businesses do hate it, don't they?

I am not talking about the vulture capitalists and various companies that use every government tool they can to manipulate the market and enrich themselves. Other than those on the receiving end of the follow-the-money trail, why would any business like this?