Well, what do you know?
Assembly Bill 32 would be a “job killer,” the state Chamber of Commerce declared. Businesses would flee the state and new investments in California would wither. The crackdown on carbon would hinder energy production and cause rolling blackouts. It would “practically shut the state down,” one economist warned.
Surprise! California didn’t shut down. The state isn’t plagued with energy shortages and blackouts; in fact, California now produces so much solar power that the state has occasionally paid other states to take its surplus electricity. Businesses didn’t flee, and investors are still putting their money to work in the state, which now has the world’s fifth-largest economy.
If the Democrats had a half a brain, they’d be screaming at the top of their lungs about this. Green jobs are the future; why are they so scared to say so?