Saturday, October 30, 2010

California unveils new rule for battling climate change

The San Francisco Chronicle reports:
The most controversial piece of California's efforts to battle climate change, a cap-and-trade program for large polluters, was unveiled Friday by the California Air Resources Board just days before the state's voters will decide whether to put the entire effort on hold.

The proposed cap-and-trade regulation, which is more than 3,000 pages long, would take effect beginning in 2012 and eliminate 273 million metric tons of carbon dioxide from the air by 2020, largely by forcing the state's biggest polluters to cut their emissions or pay for excessive emissions. It is a major piece of AB32, the climate change law that will be suspended if Proposition 23 passes on election day.


California would rather have jobs go somewhere else.