Beam me to Planet Gore !
Posted on 04/07/2010 10:03:35 AM PDT by SeekAndFind
California originates many ideas that roll across the country, for better or, lately, for worse. Now it has a global-warming law with no real name, just this: AB32. Last month, the California Air Resource Board (CARB) proclaimed in a report that AB32 would grow 10,000 jobs. This was widely cheered as good news. That's true only if you also repeal basic market economics and the state's current business indicators.
AB32 creates a statewide cap-and-trade program and imposes numerous command-and-control mandates that CARB calls "complementary measures" on businesses, such as low-carbon fuel standards and a goal of achieving 33% energy from renewable sources by 2020. Companies say compliance costs will force them to cut jobs and raise prices.
To meet renewable energy goals, the Southern California Public Power Authority has warned of a 30% rate hike. L.A.'s Department of Water and Power has told businesses to expect a 21% hike this year, though the city council recently nixed a three-month 5.7% rate increase. Mayor Antonio Villaraigosa inveighed to the L.A. Times that the city council must raise rates because "the state is breathing down our necks . . . where we could be looking at fines of $300 million [in 2012] and $600 million on top of that." CARB's report pays lip service to these early red flags and claims the law will neither hurt taxpayers nor the economy. Of course not.
Their reasoning? Forcing businesses to comply with the complementary measures will make businesses more energy efficient, and this in turn will save businesses money on emissions allowances under cap and trade. CARB is essentially saying that forcing businesses to comply with one set of regulations will reduce the costs of having to comply with other, more onerous regulations. The good news is, you're not dead.
(Excerpt) Read more at online.wsj.com ...
The CARB report says market failures "have prevented the penetration of energy-efficient devices among some customers," though remarkably they "assume that this efficiency potential exists without being specific as to what market failures are being corrected by the policy intervention." That is, CARB assumes market failures exist, but it won't specify them or how its policies will correct them.
This assumption that businesses are behaving irrationally when they fail to invest in energy-efficient technologies undergirds their conclusion that forcing businesses to adopt green technologies will reduce costs.
But if these technologies were really going to save businesses money, why would they be so reluctant to adopt them? The Economic Impacts Subcommittee of the Economic and Allocation Advisory Committee that was appointed by CARB Chairman Mary Nichols and charged with reviewing the report concludes that "many of the technologies that would be adopted under AB32 are either yet to be developed or currently prohibitively expensive." So how does CARB manage to make cost predictions about technologies that don't even exist? With a lot of uncertainty.
The Economics Impact Subcommittee notes that the report is full of "uncertainties relating to the supply costs of alternative fuels and the costs of energy-efficient improvements" and "behavioral responses to energy price changes" as well as "assumptions about 'technology cost curves.'" Is there anything in the CARB report that isn't uncertain?
Hoaxers going bust ... If you lie, you die by the lies.
California will run more companies out of the state. When products are no longer made in the state, few companies buying products and selling them in the state, when truckers stop delivering products to the state, I wonder if the people will figure out that the state will cease to exist.
They have OIL and will not sell it. California can go to Hell!
http://www.vcstar.com/news/2009/jul/22/deal-could-revive-oil-drilling-plans/
“...California waters in 40 years could help open the spigot for tapping into 10.5 billion barrels of oil reserves off the state coast...”
U-Haul, the trucking company that moves people and their furnitures from home to home has an index that tracks movement into and out of a state.
For the past 4 years, California has had hundreds of thousands of NET OUTFLOW. The favored destination seems to be Oregon, Colorado and lo and behold — Texas !!
People are voting with their feet.
The main thing going for California is given by God and which they take for granted — their GREAT WEATHER ( which no state in the mainland can beat. Texas for instance is scorching hot ). But even with this advantage, they’ve managed to make their state unlivable slowly but surely. Sad, real sad. If thousands of people will prefer to put up with the hot Texas weather over your great weather, that tells me that you’re doing something very wrong.
This is because the legslators and bureaucrats don’t have to live under the regulations and laws they promulgate.
I say, make the legislature part-time - 120 days per year and can only produce a balanced budget with no other laws until that is accomplished.
The left can’t find enough gullible dimwits to sell lunacy to, so they’ve decided to sell progressive foolishness with conservatism, tax cuts, job creation, prosperity. By the time suckers realize they’ve been duped, taxed more and left jobless, the progressive lunacy will be entrenched policy with no real benefits.
Hey, hey, hey! Did you know that there are more Conservatives in California than ALL THE OTHER STATES COMBINED?
That’s why its a big blue state run by radical leftists and RINOs. :)
LOL. Damn, reality hurts. It's a good thing for Californians that reality doesn't exist west of the Sierra Nevadas.
Oregon, Arizona and New Mexico all say Thank You, California! They’re enjoying the thousands of jobs at Intel and many other high-paying firms, which jobs all left California for greener pastures, soon to be followed by millions more.
Just FYI, Fresno is West of the Sierra Nevada.
It’s way to hot here in Texas for you Californians. Please stay where you are.
OK, so ONE conservative in CA is actually making a difference.
But his vote is still wasted every election.
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