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AB 32’s Economic Cost Is Far Lower Than “Allowance Value”
(The following is a response from Larry Goulder, a Stanford University economics professor, regarding the AB 32 allowance value discussed in a previous posting here and the actual economic cost of reducing greenhouse gas emissions to 1990 levels by 2020.)
As chair of the Economic and Allocation Advisory Committee to the California Air Resources Board, I am writing to clarify an issue relating to your recent blog concerning the value of emissions allowances under California’s AB 32. Read more »
California’s Next Assembly Speaker Meets With Reporters
John Perez, the unanimous choice of the Democratic majority to be the next speaker of the Assembly met with reporters December 11 and said increasing taxes should be considered as part of a solution to the state’s $20 billion-plus budget shortfall.
Perez, 40, would become California’s first openly gay Assembly speaker when he takes office some time in 2010. Read more »
Time to Start Cataloguing the Recession’s Positive Effects
Why does the recession keep getting such negative press?
Except for the 15.4 million Americans unemployed – up from 7.5 million two years ago – and the 7.1 million properties foreclosed since January 2008, the recession has done a ton of positive stuff.
The recession is good for the environment. It must be because the state Air Resources Board said so at a seven-hour hearing on diesel emissions standards on December 9. Read more »
Caltrans Swift At Putting Federal Stimulus Dollars to Work
Caltrans, the state’s Department of Transportation, has been swift in using nearly $1 billion in federal economic stimulus money, already putting out to bid projects using 92 percent of the funds, a recent report by the Legislative Analyst shows.
Transportation agencies for the state’s cities and counties have been slower in spending their $1.6 billion, with less than one-third of their funds out to bid. Read more »
Draft Report Assesses Financial and Economic Costs of AB 32
California entities that emit greenhouse gases could pay between $48 billion and $143 billion between 2012 and 2020 as part of the implementation of AB 32, according to a draft report by the California Economic and Allocation Advisory Committee.
The report, Allocating Emissions Allowances under California’s Cap-and-Trade Program, takes a somewhat dimmer view of the impact of the landmark legislation, which seeks to reduce greenhouse gas emissions to 1990 levels by 2020, than its champions like Gov. Read more »
Some Surprises on California’s Greenhouse Gas Reporting List
Six hundred five businesses, cities,military bases and other California emitters of greenhouse gases report the level of those emissions to the state Air Resources Board.
The air board’s spreadsheet of those reporting and a November 18 press release by the board discuss the process. The reporting has been required since 2007. Read more »
Anecdotal Evidence of An Unintended Furlough Consequence
A friend visited the UC Davis Medical Center in Sacramento on Friday December 4 to have some blood work done. He encountered a large line of other persons waiting to have blood drawn.
He said many of them were state workers who, now furloughed three of every four Fridays each month, use those vacant days to dispense with non-work related errands of which getting blood tests is apparently one. Read more »
Would That More Fundraisers Showed This Much Creativity
There’s plenty of humor in politics, much of it unintentional.
The prevailing attitude among politicians, at least where their public persona is concerned, appears to be that the people’s business is extremely serious and can only be conducted at the epicenter of a vast, levity-free zone.
All of which makes even more delightful the recently e-mailed fundraiser invitation from Todd and Jennifer Kaufman on behalf of Don Saylor, a candidate for Yolo County supervisor. Read more »
The Republicans Are At Least Partly Right – er – Correct
FOR IMMEDIATE RELEASE CONTACT: David Saenz
December 3, 2009 916-448-9496
CRP Statement Concerning Obama’s Job Summit
SACRAMENTO – California Republican Party Chairman Ron Nehring today issued the following statement:
“Today’s ‘job summit’ is political theater aimed at moving the national dialogue away from the complete failure of the so-called ‘stimulus’ to stimulate anything other than the national debt, which continues to skyrocket. Read more »
Not Sure Carly Or Barbara Feel Breath on Their Necks But…
The headline on our website reads: “$1,000,000, DeVore for California Hits Major Milestone.”
That’s right, the critics are silenced.
As I reflected early this morning about the things I am thankful for, I was very mindful of the thousands of Americans who have stepped forward to support my campaign to defeat Barbara Boxer. Read more »
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