I am deeply concerned over the battle in California involving carbon and greenhouse gas emissions. According to an article in the NY Times (California Braces for Showdown on Emissions), Californians will go to the polls on November 2 to vote on whether or not to suspend A.B. 32, the law which mandates cutting carbon and other greenhouse emissions to 1990 levels by 2020. This ballot initiative (Proposition 23) would suspend tight emissions standards from going into effect.
Proponents of Proposition 23 believe that the government should not be spending money on carbon reduction; that our focus should be on putting Americans back to work. They believe that the bill would cost the state jobs and raise energy prices.
Last time I checked, oil company profits just set record highs. If Proposition 23 is passed, I am not sure how this measure would create jobs. If the battle is over jobs, I would think retrofitting their plants to reduce their emissions and energy consumption would create more jobs than would be lost. I also find it hard to believe that if a person had to pay an additional $2 a week on gasoline, he would be forced into bankruptcy.
The bigger issue for me is the fundamental reason why they are trying to defeat A.B. 32 in the first place. Is cleaner air and reduction of global warming not important enough? Or, will the people that are making money hand over fist in this industry by having their pockets lined by special interest groups triumph again? If they took the money they are pouring into defeating A.B. 32 and put it towards reducing emissions, oil companies would spend a lot less, and more savings would be passed on to the customer.