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What does this mean?
"About 600 of California's major polluters -- from oil refineries to power plants and factories -- will face mandatory limits on the amount of greenhouse gases they emit, starting Jan. 1, 2012, under rules released Friday by state air regulators.
The facilities will be able to trade pollution credits under a new "cap and trade" market, and will be allowed to use projects that offset global warming, such as tree planting, to cover up to 8 percent of their emissions limits."
Simple, it means that using AB 32, government will close down energy producers, causing the cost of energy to skyrocket--imagine, by 2015 your energy bill, if you can get energy, will be a minimum of 60% higher than today--a U-haul to Utah is cheaper.
Why does Arnold hate California? In the history books, this era of California history will be called "The Schwarzenegger Depression", rightfully so.
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"About 600 of California's major polluters -- from oil refineries to power plants and factories -- will face mandatory limits on the amount of greenhouse gases they emit, starting Jan. 1, 2012, under rules released Friday by state air regulators.
The facilities will be able to trade pollution credits under a new "cap and trade" market, and will be allowed to use projects that offset global warming, such as tree planting, to cover up to 8 percent of their emissions limits."
Simple, it means that using AB 32, government will close down energy producers, causing the cost of energy to skyrocket--imagine, by 2015 your energy bill, if you can get energy, will be a minimum of 60% higher than today--a U-haul to Utah is cheaper.
Why does Arnold hate California? In the history books, this era of California history will be called "The Schwarzenegger Depression", rightfully so.
More...