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California's global warming law could cause businesses to flee state, report says

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  • California's global warming law could cause businesses to flee state, report says

    Want to assure the tanking of the California economy and kill jobs? Keep AB 32 in place.

    "A state law that requires power plants, factories and other businesses to cut greenhouse gas emissions could cause energy prices to rise and prompt businesses to delay expansion or flee California, according to a study by the state Legislative Analyst's Office.

    The landmark global warming law, which is being enforced in phases, could put the state's businesses at a competitive disadvantage unless other states and the federal government come up with similar plans, the study by the nonpartisan agency said.

    "Economic leakage" could occur as businesses move to states with lower regulatory costs, the report said. Industries that rely heavily on energy use and trade, such as aluminum, chemical or steel producers, could be disproportionately vulnerable."

    Higher energy prices. Other States with lower regulatory costs. Government owned and run by unions.

    Why would you expect this to be a recipe for success? Between the Democrats and Arnold, Arizona, Nevada, Utah and Texas could not have better evidence that California is a doomed State. to do if a police officer, teacher, etc. asks him about his or his family's legal status."

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