There’s no way the Democrats will “repeal and replace” their signature legislature AB32 back in 2006, and SB32 goals from 2016. They’re the law of the land!

Thus, by not doing anything like AB398 to extend the cap and trade auctions that takes away most of the powers of CARB to meet those emission targets, the impact on the California economy would have been devastating, as without the passage of SB398, the cost of meeting SB32 goals (passed last year) of 40% below 1990 levels by 2030 would have been at a minimum four times as high! In addition, the loss of many high paying jobs within the petrochemical industry would result in a huge impact on the economy if CARB drives the industry out of CA, as well as a financial and logistical impact of importing 10 million gallons of aviation fuels daily, 10 million gallons of diesel fuel daily, and 40 million gallons of transportation fuel daily to keep the 6th largest economy moving forward.