Tuesday, October 12, 2010

Proposition 23 is a Green Job Killer! Do you agree?

California voters will go to the poll on November 2 to decide several key races and issues. Last week, Location Advice asked the question, Is Meg Whitman pro Manufacturing? I provide location advice to owners and occupants of industrial buildings in Southern California. Location Advice wondered if Prop 23 will be a job killer if enacted. Proposition 23, which would Suspend AB 32, the Global Warming Act of 2006, is on the November 2, 2010 ballot in California as an initiated state statute.

AB 32 is known as the Global Warming Solutions Act of 2006. The act, passed by the California State Legislature and signed by Arnold Schwarzenegger, is California's landmark clean air legislation.Proposition 23, if enacted by voters, will freeze the provisions of AB 32 until California's unemployment rate drops to 5.5% or below for four consecutive quarters. California's unemployment rate, which currently hovers around 12%, has been at 5.5% or below for four consecutive quarters just three times since 1980. AB 32 requires that greenhouse gas emission levels in the state be cut to 1990 levels by 2020. The process of cutting greenhouse gas emissions in the state is slated under AB 32 to begin in 2012.

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In their campaigns for and against Proposition 23, supporters and opponents have each adopted nicknames for the measure that clarify what they think of it. Supporters call Proposition 23 the California Jobs Initiative and opponents call it the Dirty Energy Proposition.

Louise Bedsworth, a research fellow at the Public Policy Institute of California, predicted in April that total campaign spending on Proposition 23 could top the $154 million record set in 2006 by Proposition 87. Through the end of September, campaign contributions to both sides totalled around $20 million, with the "No on 23" organizations ahead in the money race by about $2 million.