According to the Legislative Analysts Office, AB 32 will result in “economic leakage,” or the loss of jobs to states where businesses are not burdened with the draconian scheme.  Spain tried a similar regulatory regime only to have an independent analysis reveal the program cost 2.2 traditional jobs per “green” job created and a government [...]

Citing a “damning” report by the Legislative Analysts Office the Orange County Register urges support for AB 32 suspension.  AB 32′s draconian regulatory regime may create 4,000 “green” jobs in the short term but will kill 120,000 traditional jobs in the same time period.  Over the longer term, AB 32 could destroy over 1 million [...]

A leaked report from the Spanish government confirms that the country’s widely hailed cap and trade scheme has killed over 2.2 traditional jobs per “green” job created.  The leak validates an independent analysis with the same findings. Full story

Assemblyman Dan Logue’s fight to address AB 32′s job-killing economic effect is supported by the Legislative Analyst’s Office’s findings that the law will jobs out of the state.   With 2.26 million Californians out of work and an accelerating exodus of productive citizens from California we cannot afford to implement this job-killing policy. Full story

The Rancho Cucamonga City Council voted to support efforts to suspend AB 32 predicting the measure will kill jobs and impede economic growth.  Mayor Don Kurth said the City Council may consider a resolution in the future supporting full scale repeal of AB 32. Full story

California Lutheran University economist Bill Watkins writes AB 32 proponents who claim the global warming law benefits the economy are offering a “better-than-a-free-lunch deal” that does not exist in reality.  Watkins says AB 32 proponents arguments are akin to an essay by 1800′s era French economist Frederick Bastiat where he proposed that breaking windows only to fix [...]

Irvine business relocation specialist Joseph Vranich’s list of companies leaving the state has grown to 129.  Entrepreneurs cite high taxes and burdensome regulations among the main reasons for fleeing the Golden State. Full story

Former California Energy Commission Advisor Tom Tanton argues California must suspend AB 32 to allow for the state to recover from high unemployment and a severe recession.  Tanton’s own analysis estimates AB 32 will result in a $250 – $350 billion loss in gross state product over 10 years and job losses ranging from 76,000 [...]

Gino DiCaro, vice president of communications for the California Manufacturers & Technology Association argues the hundreds of thousands of California citizens who signed and circulated Suspend AB 32 petitions shows the state wants well paying manufacturing jobs instead of draconian go-it-alone global warming regulations.  Since 2000, California has seen a 60% decline in the state’s portion [...]

Betty Jo Toccoli of the California Small Business Association writes that amid studies showing AB 32 will hurt already struggling businesses, California should go back to the drawing board and find more intelligent ways to address climate change.  Even an anlysis commissioned by CARB itself found AB 32′s costs would range from $28 to 97 [...]