| LAO: California-Only AB 32 Strategy Bad for Jobs, Energy Prices, Economy |
May 20, 2010Sacramento – A new report by the state’s non-partisan Legislative Analyst’s Office (LAO) is the latest addition to a growing body of evidence that California’s go-it-alone approach to AB 32 implementation will destroy jobs, raise energy prices for consumers, and put our state’s businesses at an even greater competitive disadvantage than they already suffer, supporters of the California Jobs Initiative today declared. Councilman Mike Hudson of Suisun City described what that would mean to his community. “When businesses fall on hard times, it drags local government revenues from sales and property taxes down,” said Hudson. “That makes it harder for cities like mine to maintain funding for the most basic levels of essential public services like police and fire protection.”
AB 32’s Higher Energy Prices Likely to Hurt Consumers, Drive Jobs to Other States To read the entire article please visit: California Jobs Initiative |