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As the State Legislature continues to debate tax hikes and spending cuts, Joseph Moser of Capitol Weekly notes that very little attention has been given to the further detrimental effects that AB 32 regulations may have on California's economy.
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The failure to block AB 32 will create greater costs for refiner compliance to meet both the new emissions and low carbon fuel regulations which will be passed on to consumers in the form of increased gasoline and diesel prices, according to Larry Bell of Forbes.
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The San Francisco Chronicle reports that independent researchers have determined the California Air Resources Board grossly overestimated pollution levels by as much as 340% in a scientific analysis that was key to the creation of AB 32.
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While green jobs remain scarce in the private sector, The Sacramento Bee reports that AB 32 is expect to boost payrolls in various State Agencies.
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Assemblyman Dan Logue breaks down the proposed tax increases by State Democrats and offers his insight to what they mean for the future of California.
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Hot Air editorial by Ed Morrissey on the battle heating up over the proposed suspension of AB 32 and what it means to the preservation of jobs and the economy in California.
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The referendum to stall AB 32 has made it on to the November ballot and LA Ecopolitics Examiner's Paul Taylor reviews its importance to California's fiscal future.
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