Monday, June 15, 2009

Remember when California's 2006 climate fraud bill quickly sparked economic nirvana there? Neither do I

“Do or Die” for NY Global Warming Bill
Albany, NY — It's do or die for important environmental bills in New York, including a bill that would cap global-warming pollution. Those bills are in jeopardy as the Senate leadership void in Albany could doom their prospects. It takes 32 votes to pass a bill in the state Senate, and Jackson Morris, air and energy policy director with Environmental Advocates of New York, says that while bills to cap carbon emissions have at least that many supporters, they are still in danger.
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Republicans and Democrats have offered similar bills to cap global-warming emissions in New York. Critics of the proposals say they will be too costly and will drive away business, but Rob Moore, executive director of Environmental Advocates, says that's not what happened when California approved a similar cap.

"When California passed their climate bill back in 2006, it spurred billions of dollars in investment in clean energy, energy efficiency, and alternative fuels. In New York, also being a huge economic driver to the U.S. economy, we would expect to have a similar impact."
Moneynews - Schwarzenegger: California Is Broke, Plain and Simple
SACRAMENTO, Calif. -- California's worsening budget crisis holds both pain and promise, Gov. Arnold Schwarzenegger told lawmakers Tuesday as he urged them to quickly solve the state's fiscal mess.
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Chiang, the state controller, said Tuesday that such a guarantee appears unlikely but said U.S. Treasury Secretary Timothy Geithner has indicated the administration wants to help.

He also advised anyone who thinks Schwarzenegger is bluffing about the severity of the crisis to think again.

"They ought to stop denying it," Chiang said. "This is the worst economic cash situation here in California since the Great Depression."

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