Skip to comments.Cap-And-Trade Tosses An Anchor To Drowning California Economy
Posted on 12/17/2010 6:31:45 PM PST by raptor22
California often leads the nation, especially in reducing greenhouse gas emissions. The act of leading is one thing, however. Leadership's outcome is another matter entirely.
On Friday, the California Air Resources Board (CARB), the bureaucracy charged with implementing AB 32, the California Global Warming Solutions Act of 2006, adopted a cap-and-trade scheme to reduce California's greenhouse gas emissions by about 15% by 2020. CARB's regulations go into effect in 2012.
The unelected officials at CARB intend to reorder California's use of energy. In so doing they blandly declaim that their rules will create jobs while admitting to higher energy costs and a slowing economy. Somehow, this formula is transmogrified by CARB analysts into net job creation.
Given the immutable laws of math, one is forced to calculate that CARB's actions will "create" low-paying jobs at the expense of good jobs.
Beyond CARB's soothing words, what will Californians, one-eighth of America, likely experience on a practical level?
(Excerpt) Read more at investors.com ...
To financial hell!
California, you are no leader deserving of any respect in a free society.
May God help the good people of CA and free them of the nut balls corkscrewing style of governance.
Thank god i live in Massachusetts.
CA has gone over the edge. With an overwhelmingly Dem legislature and bankrupt, having chased out any industry that can move, there’s really not much to do now other than to sit back, move out (if you live here), and watch. CA will probably lead the country...either to ruin or to glorious rebirth. In two or three years, the views and opinions of either conservatives or liberals will be borne out. I’m not going to give the fate of CA any more energy. I believe it’s a hopeless cause and I’m just looking relocate somewhere else.
They want it all for themselves. They 'll keep a few illegal immigrants to grow their food and shine their shoes.
Northern Virginia has plenty of room for the relocation of the entire animation industry in California. The job can be done by the end of April if anybody is interested.
Arizona and Colorado are going to want that water BTW. A few snips here, a couple of blowouts there and next thing you know the Souf’ is dry as a dinosaur bone.
Our house goes on the market Jan. 5th. Then we're gone. Off to Medford, Ore.
I left SoCal in 1993 for the Southeast. Growing up in California now seems like a long strange trip that I was on once.
Typical Kali insanity. A feel good diversion because California’s real problems are much larger than any liberal type solutions
I lived in San Diego,Ca from 68 to 96. The quality of life in 68 was excellent. In 96 acceptable. I was back in 2006 for 2 weeks. Semi third world hell hole was the best way to describe the place. Couldn’t wait to leave.
California is doomed: Thread #9934
I’m glad my in laws are up in the Sierras just an hour or so from the Nevada border. When the crap hits it in CA the coastal cities are going to be unpleasant places.
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