Tomas Friedman’s New York Times column describes the well funded effort to reverse California’s pioneering effort to reduce the impact of green house gas emissions.
“A.B. 32 was designed to put California on a path to reducing greenhouse gases in its air to 1990 levels by 2020. This would make the state a healthier place, and a more innovative one. Since A.B. 32 was passed, investors have poured billions of dollars into making new technologies to meet these standards….’Prop 23 is designed to kill by indefinite postponement California’s effort to clean up the environment,” said Mr. Shultz. “This effort is financed heavily by money from out of state. You have to conclude that the financiers are less concerned about California than they are about the fact that if we get something that is working here to clean up the air and launch a clean-tech industry, it will go national and maybe international’.”
Read the complete essay here.