Posted on 12/15/2010 6:58:13 PM PST by NormsRevenge
Taking the lead where Washington has wavered, California on Thursday is expected to adopt the nation's most ambitious plan yet to curb global warming.
The California Air Resources Board is all but certain to vote to approve comprehensive "cap and trade" regulations designed to cut greenhouse gases. The regulations would impose limits, or "caps," on emissions from large industrial polluters through permits, or allowances, that could be traded on a market.
California's plans to forge ahead are in sharp contrast to the lack of action from Washington, where Congress has rejected cap and trade at the national level. While the state's plans have drawn criticism from affected industries, the cap-and-trade program is expected to be a boon for Silicon Valley's burgeoning cleantech economy.
"We are the innovators when it comes to figuring out how to reduce carbon," said Bob Hines, energy director of the Silicon Valley Leadership Group. "We're really excited. It sends the market signal we've all been waiting for, and it's going to lead to further job creation."
Kate Gordon, vice president of Energy Policy for the Center for American Progress, a progressive think tank called the regulations "a game-changer. We have an existing infrastructure for fossil fuels, and this levels the playing field for cleantech."
...
Under the new system, which goes into effect Jan. 1, 2012, California would distribute annual allowances to such industrial entities as power plants, oil refineries and cement and glass factories that emit large volumes of greenhouse gases. In 2015, the program would extend to distributors of transportation fuels.
(Excerpt) Read more at mercurynews.com ...
California has no industry to speak of ro pay any carbon tax. They will be trying to collect from fast food stands.
Think of all the Carbon you will save in Illegal aliens leave the state.
That process is well under way.
http://www.nationalreview.com/articles/255320/two-californias-victor-davis-hanson
Voters in California are majority multi-cultural foreigners now. They don’t have a clue why unemployment is getting worse and worse. They know one thing and that one thing wrecked the places they fled from: Socialism/Marxism is good for the “little people.”
We just elected Jerry Lobotomy Brown as Governor. I guarantee you that many more such nails are soon to be driven into the coffin. We haven’t begun to see the damage that a Brown administration coupled with a 100% socialist Democrat control legislature will do to California. This is only the beginning. They are going to slaughter this state. As horrific as California has become, you won’t recognize it in 20 years. We’ll be Italy or Greece or something.
Very sad. With every ounce of venom I can muster, I hate the liberal voters who elected the communists doing this to the State of California. And still northeaster liberals continue to flood California and vote for far left people and laws.
I hate their guts as deeply as any human can hate others.
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