Prop 23 Update: This Was the Plan Along – Turn AB32 into a Government Cash Cow

Russ Steele

 Gino DiCaro, Vice President of Communications for the California Manufacturers & Technology Association writes in Fox  & Hounds

“Time is running out.  Billions of dollars are at stake over the next eight years.  Will California turn AB 32 implementation into a government money-grab without regard for our economy or the plausibility of the country following us on greenhouse gas reductions?  Or will the state see that everyone’s goals are in fact achieved with a free allocation of credits?

Manufacturers are growing outside of California.  If the state sticks with its plan to charge for a majority of the carbon allowances and make California an even less competitive place to manufacture, the original bold and economy-cautious AB 32 greenhouse gas plan from 2006 will have morphed into a cash cow for government and an insurmountable burden for many of our leading employers.”

Due to the economic collapse and increase use of natural gas for power generation,  CO2 emissions are already approaching 1990 emission levels, as if this had anything to do with global warming, it does not, making the cash grab even more repugnant to the tax payers who are on the hook for CARB’s carbon allowances.

 

Advertisements

About Russ Steele
Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.

4 Responses to Prop 23 Update: This Was the Plan Along – Turn AB32 into a Government Cash Cow

  1. stevefrisch says:

    Lets see, the number of unemployed is way down, “The number of people unemployed in California was 1,962,000 – down by 12,000 over the month, and down by 228,000 compared with July of last year.”

    California has added 75,000 jobs in the last two months.

    In the last year California added 365,000 jobs.

    Professional and business services posted the largest gains on both a numerical and percentage basis, adding 115,600 jobs (up 5.4 percent).

    Unfortunately these numbers have not really shown up in the percentages yet due to the number of underemployed people re-entering the market.

  2. Arthur M. Day. says:

    I’m so glad Mr. Frisch has been able to find those invisible numbers.

    • Todd Juvinall says:

      Arthur, the left has failed California and their mouthpieces are trying to sell a pig in a poke. How someone can even claim 12$ of our fellow citizens are out of work is a plus is missing some important gray matter.

  3. Arthur M. Day. says:

    Well, the grey matter is there, it’s just seriously bogged down in the Swamp. And gummed up with Green Goo.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: