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Will Californians Repeal Cap-And-Trade?
Investors.com ^ | January 15, 2010 | INVESTORS BUSINESS DAILY Staff

Posted on 01/15/2010 5:33:08 PM PST by Kaslin

Regulations: A California legislator pushes a November ballot initiative to free the state from the job-killing shackles of a 2006 law designed to fight climate change. The other choice is freezing in the unemployment line.

At last report, California's unemployment rate was 12.3%, with 2.25 million residents looking for work. So one would assume the first rule of holes would apply — when you're in one, stop digging.

Yet there was Gov. Arnold Schwarzenegger touting his state's green initiatives in Copenhagen as California barrels toward full implementation of its own version of job-killing cap-and-trade.

"The desire and hope and desperate need for planetary transformation is what brought me here," Schwarzenegger said. "Is it a dream, a fairy tale, a false hope? If not, how can we make it real?"

"It" is Assembly Bill 32, signed by the governor in 2006, and Assemblyman Dan Logue wants it to go away or at least be put on hold.

Logue, who has advocated AB32's outright repeal, is busy collecting signatures for a November ballot initiative that would block full implementation of the measure, scheduled to take effect in 2012, until the state's unemployment rate falls below 5.5%.

California's animus toward fossil fuels has blocked further development of its considerable offshore oil resources, and its fear of nuclear power has denied the state access to nonpolluting nuclear energy. This has helped contribute to what the U.S. Chamber of Commerce says is the second most business-unfriendly regulatory climate in the nation after New Jersey.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Front Page News; Government; News/Current Events; US: California
KEYWORDS: ab32; agw; airresourcesboard; arb; arnold; assemblybill32; ca; ca2010; california; cap; capandtax; capandtrade; carb; carbondioxide; chamberofcommerce; cleanair; climate; climatechange; climategate; co2; cooling; coolingdecades; copenhagen; cru; danlogue; diannefeinstein; djsob; economy; emissions; energy; environment; fabiannunez; feinstein; ghg; globalcooling; globalwarming; goldenstate; greenhousegas; greenjobs; hidethedecline; hopenhagen; jobs; nocapandtrade; regulation; regulations; repealab32; schwarzenegger; spain; unemployment

1 posted on 01/15/2010 5:33:08 PM PST by Kaslin
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To: steelyourfaith

Ping.


2 posted on 01/15/2010 5:36:13 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: Kaslin
Logue, who has advocated AB32's outright repeal, is busy collecting signatures for a November ballot initiative that would block full implementation of the measure, scheduled to take effect in 2012, until the state's unemployment rate falls below 5.5%.

Too little, too late.

3 posted on 01/15/2010 5:38:41 PM PST by sionnsar (IranAzadi|5yst3m 0wn3d-it's N0t Y0ur5:SONY|Remember Neda Agha-Soltan|TV--it's NOT news you can trust)
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To: Army Air Corps; Defendingliberty; WL-law; Normandy; TenthAmendmentChampion; FrPR; enough_idiocy; ...
Thanx !

 



Beam Me to Planet Gore !

4 posted on 01/15/2010 5:41:03 PM PST by steelyourfaith (Freedom from fat cat greedy Big Government tyranny IS a Right ... It IS the Constitution.)
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To: Kaslin
Will we Golden State voters repeal Cap and Confiscate?

That's easy.

Yes!

Even in this far-left state, enlightened self-interest will burn through.

BTW, Gov. Arlen Schwarzenegger will not be remembered kindly by ANYONE here.

.

5 posted on 01/15/2010 5:46:34 PM PST by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: Kaslin

California is looking more and more like a gangrenous limb that must be amputated to save the body.


6 posted on 01/15/2010 5:51:04 PM PST by Trod Upon (Obama: Making the Carter malaise look good. Misery Index in 3...2...1)
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To: Kaslin

I live in CA, and my expectation would be NO.

At ths juncture, I would prefer a complete collapse of California’s fiscal system rather than to attempt a rehab under the miserable idiots in charge of the thing now.


7 posted on 01/15/2010 6:13:57 PM PST by Attention Surplus Disorder (Voters who thought their ship came in with 0bama are on their own Titanic.)
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To: Kaslin
"The desire and hope and desperate need for planetary transformation is what brought me here," Schwarzenegger said. "Is it a dream, a fairy tale, a false hope? If not, how can we make it real?"

Not a fairy tale try Fraud Gov and you fell for it hook line and sinker. Sigh he is too far gone to understand. Planetary Transformation...IDIOT.

8 posted on 01/15/2010 6:23:50 PM PST by Nuc1 (NUC1 Sub pusher SSN 668 (Liberals Aren't Patriots))
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To: Kaslin

This bill was authored by La Raza activist Fabian Nunez.


9 posted on 01/15/2010 6:28:23 PM PST by ruination
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To: Kaslin
Meanwhile, Feinstein: Don't Spoil Our Desert With Solar Panels
10 posted on 01/15/2010 7:00:36 PM PST by DTogo (High time to bring back the Sons of Liberty !!)
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To: Seaplaner

Is there ANY conservative that can replace this imbecile, as governor? I feel bad for you guys out there. We’re in NJ with similar problems. Christie isn’t much better than a Demoncrat. NJ is BRAIN DEAD.


11 posted on 01/15/2010 11:37:39 PM PST by nmh (Intelligent people recognize Intelligent Design (God).)
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To: Kaslin

The Gaia worshiping Warmists in Sacramento won’t stand for it. They would certainly summon the head of their order, St. Algore the Temperate, to defend their faith.


12 posted on 01/15/2010 11:41:58 PM PST by Redcloak (Error 404: Tagline not found.)
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To: Kaslin

I hear that Wall Mart won’t give out bags. You have to BYOB or hand carry it.


13 posted on 01/16/2010 12:36:54 AM PST by Domangart (editor and publisher)
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To: Domangart

Maybe Wall Mart doesn’t, but Wal Mart does


14 posted on 01/16/2010 4:51:17 AM PST by Kaslin (Acronym for Obama: One Big Ass Mistake America)
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