Thursday, October 14, 2010

Why CA voters need to pass proposition 23 and delay AB32




The Ca AB32 cap and trade seems to be a massive revenue windfall for the state of CA which they can then use to invest and subsidize green energy technologies. It makes the state of CA/gov bureaucrats the innovator and investor in Green Tech instead of private enterprize. It will also lead to higher energy prices to families and businesses. It needs to be rolled back/delayed. It is environmental extremism gone amuck, based upon unproven assumptions about global warming. It is a CA environmental government boondoggle which gives gov scientists/ bureaucrats soviet style centralized command/ control over green tech/energy technological developments.

AB32 appears to be a vaunted attempt by select billionaire silicon valley green tech entreprenours, greedy money-stealing state bureaucrats & politicians, and the ultra left enviro-fascists to use global warming scaremongering/anti big oil rhetoric, to impose carbon use fees/taxes upon all CA families and businesses, which would be a massive carbon tax/revenue windfall for the state of CA which can then redirect and funnel this windfall revenue into favored silicon valley green tech companies, and also into the pockets of greedy tax-grabbing CA politicians.

It may also be a scheme to balance CA's budget by extorting carbon taxes upon all California citizens and small business owners, already burdened by the steepest taxes and environmental regulations in America. The big oil multi-nationals like Chevron/shell/BP will actually go along with AB32 and cap™ as they are large enough to game the system to their benefit, like Ken Lay and Enron did to CA a decade ago.

The promise of abundant green jobs is only a smokescreen - the federal massive stimulus funds devoted to green industries have resulted in virtually no domestic green jobs creation.

No comments: