Skip to comments.Air pollution chief rejects calls to change California's new greenhouse gas program
Posted on 09/20/2012 12:45:26 PM PDT by SmithL
California's top air pollution regulator issued a spirited defense today of the state's new cap-and-trade greenhouse gas market, rejecting pleas from businesses to make significant changes to the program.
Mary Nichols, chair of the California Air Resources Board, said the carbon market is designed to minimize the impact on businesses.
Big business groups, like the California Chamber of Commerce, were scheduled to testify later today about their objections to the cap and trade market, the centerpiece of the state's global warming law, AB 32.
Businesses say the market amounts to a $1 billion-plus annual tax that will destroy jobs and drive manufacturers, food processors and others out of the state.
The Air Resources Board wasn't expected to take any action today. But Nichols delivered a stinging critique of the business groups' protests, saying it's time for them to "join us to help us make this work."
(Excerpt) Read more at sacbee.com ...
They might as well have a market where businesses trade magic beans from Jack’s beanstalk. Utter fiction and madness.
Cap and Trade was an Enron idea.
They were the smartest guys in the room and wanted to trade web band and weather futures.
ISUN. Look it up.
Why would ANY business set up in, or choose long-term to REMAIN in, California, unless by the business’s very nature it HAS to be there? (E.g., to sell fresh donuts in CA, you must be located there. Not so for making microchips.)
California: it's not a state of mind - it's a mental state.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.