Prop 23 Update: Voters Remorse over AB-32 — Discovered it Means Higher Energy Costs
04/27/2012 66 Comments
John Kabateck, CA Executive Director of the National Federation of Independent Business, writes in Fox & Hounds.
Folks at the California Air Resources Board (CARB) are fond of saying that with the defeat of Prop. 23 a few years ago voters made it clear they supported the agency’s plan for implementation of AB 32, the state’s global warming law.
Under that presumption, CARB has charged full speed ahead with the development of an astonishing array of regulations designed to re-invent California’s energy platform and reduce global warming, with an equally astonishing price tag.
A new poll just released by the AB 32 Implementation Group should serve as a reality check for what is arguably the most powerful state agency in the nation, and the least inhibited by strict legislative oversight.
While a slim majority of voters surveyed indicated they support AB 32 itself, they sang quite a different tune when asked if they were willing to pay higher prices for electricity, gas, food and other essential commodities in order to fund CARB’s greenhouse gas reduction policies, such as its proposed cap and trade auction.
Two-thirds of poll respondents expressed unflinchingly intense opposition to the cap and trade auction, viewing it as a hidden energy tax costly to consumers and vulnerable to market manipulation by Wall Street bankers.
Only 39% said they were willing to pay more for a gallon of gas, and most of those were unwilling to go higher than 50 cents a gallon at most.
And they feel strongly that Californians alone in all the country should not be forced to pay higher prices for energy, goods and services while citizens elsewhere are free of this burden since their states have not adopted climate change policies remotely as ambitious as ours.
You can read the rest of the article HERE. The author concludes:
. . . that as currently planned regulations such as the cap and trade auction will cost billions of dollars, displace workers and drive productive, tax-paying businesses out of the state in search of a regulatory environment in which they actually have a chance of staying in the black.
One of the reasons that Prop 23 failed was that CARB crafted a clever campaign to portray saving AB32 as an ozone health issue. Even though there was no mention of ozone in the whole regulation. CARB, their grant whore supporters, and going green VCs out spend the opposition 3 to 1. Millions to bamboozle Prop 23 voters into thinking that AB32 was about clean air issues, such as ozone. Now those bamboozled voters are learning the truth. It was not about ozone, it was all about collecting cap and trade $billions for CARBs going green slush fund. Now the Governor is trying to figure out how to get his hands on that slush fund to save his budget.