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"Is AB32, the Global Warming Solutions Act of 2006, a job killer? The answer depends on who is asked.
Ask a local liberal blogger: Most of the programs from AB32 won't go into effect until 2012 anyway, when the economy will hopefully improve. In addition, the premise that AB32 will destroy jobs is unproven. Proponents argue it will create jobs.
If you doubt what it is doing NOW to keep the California Depression going, here are the numbers. "There have been a number of studies of AB32's economic impact, including a September 2009 study on the Cost of State Regulation on California Small Business by Sanjay B. Varshney, and Dennis H. Tootelian, CSUS Business School Professors.
The study finds that the total cost of regulation to the state of California is $492.994 billion, which is almost five times the state's general fund budget, and almost a third of the state's gross product. The cost of regulation results in an employment loss of 3.8 million jobs.
In preparation of the full implementation of AB 32 in 2012, businesses are leaving now, while they are still allowed to go.
AB 32 is a killer--like a cancer it needs to be cut out before we die.
More...
Ask a local liberal blogger: Most of the programs from AB32 won't go into effect until 2012 anyway, when the economy will hopefully improve. In addition, the premise that AB32 will destroy jobs is unproven. Proponents argue it will create jobs.
If you doubt what it is doing NOW to keep the California Depression going, here are the numbers. "There have been a number of studies of AB32's economic impact, including a September 2009 study on the Cost of State Regulation on California Small Business by Sanjay B. Varshney, and Dennis H. Tootelian, CSUS Business School Professors.
The study finds that the total cost of regulation to the state of California is $492.994 billion, which is almost five times the state's general fund budget, and almost a third of the state's gross product. The cost of regulation results in an employment loss of 3.8 million jobs.
In preparation of the full implementation of AB 32 in 2012, businesses are leaving now, while they are still allowed to go.
AB 32 is a killer--like a cancer it needs to be cut out before we die.
More...