Today’s Commentary: Say hello to my nuclear friend
The future the California economy will be in limbo for decades should AB 32 be signed into law by Governor Schwarzenegger. The effort to save us from global warming (an unfortunate name that conveys images of the holidays and family sitting around a ‘warm’ toasty fireplace) the Democratic-led legislature and Democratic-led Governor’s office will seriously damage California’s chance to be competitive in the global economy.
The goal: reduce green-house gas emissions to 1990 levels by 2020
Today’s LA Times article gives some good background of the bill. Often quoted Claremont McKenna College government professor Jack Pitney claims that Schwarzenegger has effectively taken yet another issue away from Angelides with this move. No argument there from me. But at what cost? Think about how many voters have held their nose and supported this Republican Governor solely because he has worked to make CA more hospitable to jobs. They not only have a diminished reason to do so now, but more to the point, they may not… Read More