Video: Is cap and trade good policy for CA?
Writer Stephen Moore, formerly of the Wall Street Journal, discusses how California’s energy policy is driving businesses out of the state.
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Spot on. CA is EASILY the most anti-PRODUCTION state in America. Consider these figures from 2007 to 2010 — BEFORE cap and trade has started to have its adverse effect:
From 2007 through 2010, 10,763 manufacturing facilities were built or expanded across the country — but only 176 of those were in CA. So with roughly 12% of the nation’s population, CA got 1.6% of the built or expanded manufacturing facilities. Stated differently, adjusted for population, the other 49 states averaged 8.4 times more manufacturing growth than did California.
http://www.cmta.net/20110303mfgFacilities07to10.pdf — prepared by California Manufacturers and Technology Association