|California pays carbon fee with jobs|
|Written by Kristin McMurray|
|Sunday, 14 March 2010 20:23|
reporting 20 percent unemployment. Now a recent study is saying that California is going to suffer more job losses due to climate legislation mandating greenhouse gas emissions be lowered to 1990 levels by 2020.
California's economy was the fifth worst in the nation in January of 2010, with eight counties |
"We believe that the aggregate net jobs impact in the near term is likely to be negative," said the California independent Legislative Analyst's Office report, dated March 4. "Reasons for this include the various economic dislocations, behavioral adjustments, investment requirements, and certain other factors," it said.
The report went on to say that the loss of jobs would be "moderate," but in an economy with an average 12.5 percent unemployment rate wouldn't this equal very bad scenario?
In the midst of these factors, some politicians seem determined to worsen the climate legislation's woes, like Los Angeles Mayor Antonio Villaraigosa who is proposing a carbon fee be attached to all utility bills.Given the scandals and doubts surrounding climate change, one must wonder if the sacrifice of their livelihoods is a carbon fee Californian's are willing to pay.
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