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URL:  http://boards.fool.com/california-the-anti-texas-fights-climate-change-30318463.aspx

Subject:  California: the anti-Texas fights climate change Date:  10/14/2012  5:29 AM
Author:  NailThatJello Number:  410933 of 439738

If elected, Romney will no doubt do everything in his power to bring the world's ninth largest economy and most forward-looking state to its knees. Like Raygun did as guv (destroying huge areas of redwoods) and LittleBush tried to do (blocking CA's raising of car emission controls).

A Grand Experiment to Rein In Climate Change

On Jan. 1California embarks on its grand experiment in reining in climate change. It will become the first state in the nation to charge industries across the economy for the greenhouse gases they emit. Under the system, known as “cap and trade,” the state will set an overall ceiling on those emissions and assign allowable emission amounts for individual polluters. A portion of these so-called allowances will be allocated to utilities, manufacturers and others; the remainder will be auctioned off.

The outsize goals of California’s new law, known as A.B. 32, are to lower California’s emissions to what they were in 1990 by 2020 — a reduction of roughly 30 percent — and, more broadly, to show that the system works and can be replicated. California air regulators are proud of their record in leading the nation to new auto emissions standards in the 1960s and efficiency standards for appliances in the 1970s.


Hey Reds: if this upsets you, here's an idea. You can lie and cheat to undermine the law and make it fail! And you can count on oil money to cover your expenses and then some! You're already skilled at that; after all, you've had four years of practice at making Obama fail rather than the country succeed (your own declared goal). And you've already succeeded in failure to serve the country at the national level:

Just three years ago, President Obama’s first budget proposal included a cap-and-trade program to cut national greenhouse gas emissions 14 percent by 2020; but in 2010, political forces backed by the biggest emitters, oil and coal companies, blocked the plan in the Senate. In that year’s midterm elections, conservative Republicans disavowed their party’s role in creating similar programs; they continue to deride it as “cap and tax.”
http://www.nytimes.com/2012/10/14/science/earth/in-californi...

If Romntastrophe happens maybe CA ought to beat Texas to Texas' (empty blowhard) threat of secession.
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