11 Mar 2010, 3:51pm
Latest Climate News
by admin

California global warming law may lead to job losses, report says

The state’s nonpartisan legislative analyst’s office says the losses could occur in the short term. State Sen. David Cogdill uses the report to criticize climate regulation.

By Margot Roosevelt, LA Times, March 10, 2023 [here]

Debate over the economic effects of California’s first-in-the-nation global warming law flared this week, with a report saying short-term job losses can be expected.

The state’s nonpartisan legislative analyst’s office examined 2008 economic modeling by the California Air Resources Board and concluded that it “may overstate the number of jobs” attributable to future implementation of the 2006 climate law.

While acknowledging the uncertainty of such projections, the report said, “On balance, however, we believe that the aggregate net jobs impact in the near term is likely to be negative, even after recognizing that many of the . . . programs phase in over time.”

The report comes at a politically charged moment, when polls show employment to be Americans’ top concern. Signature gathering began last week on a November ballot initiative that would delay the law, known as AB 32, until unemployment drops to 5.5% for at least a year. California joblessness is over 12% today.

The report came in response to a query from Sen. Dave Cogdill (R-Modesto), a critic of the law. Released by Cogdill on Monday, the report emphasized that job effects are “difficult to accurately predict . . . with gains in some occupations (including so-called green jobs) and losses in others (primarily involving fossil fuel-related energy production).” … [more]

*name

*e-mail

web site

leave a comment


 
  • For the benefit of the interested general public, W.I.S.E. herein presents news clippings from other media outlets. Please be advised: a posting here does not necessarily constitute or imply W.I.S.E. agreement with or endorsement of any of the content or sources.
  • Colloquia

  • Commentary and News

  • Contact

  • Categories

  • Archives

  • Recent News Clippings

  • Recent Comments

  • Meta