Comments on: Will other GOPers who backed ‘cap and trade’ face fallout? https://calwatchdog.com/2017/08/28/will-gopers-backed-cap-trade-face-fallout/ Sat, 25 Feb 2023 17:38:47 +0000 hourly 1 By: gate.io singapore https://calwatchdog.com/2017/08/28/will-gopers-backed-cap-trade-face-fallout/#comment-150933 Sat, 25 Feb 2023 17:38:47 +0000 http://calwatchdog.com/?p=94846#comment-150933 I agree with your point of view, your article has given me a lot of help and benefited me a lot. Thanks. Hope you continue to write such excellent articles.

]]> By: Dude https://calwatchdog.com/2017/08/28/will-gopers-backed-cap-trade-face-fallout/#comment-139161 Tue, 29 Aug 2017 03:07:53 +0000 http://calwatchdog.com/?p=94846#comment-139161 “Will Gophers who backed ‘Cap and trade’ face fallout”? The word, “DUH!” comes to mind.

]]> By: Terry https://calwatchdog.com/2017/08/28/will-gopers-backed-cap-trade-face-fallout/#comment-139154 Mon, 28 Aug 2017 16:00:25 +0000 http://calwatchdog.com/?p=94846#comment-139154 Another demorat boondoggle that will cost the poor even more. The rich demorats & republicans could care less about the poor except when it comes to voting. They all the lies from both parties are rolled in the next con vote.

]]> By: Ron https://calwatchdog.com/2017/08/28/will-gopers-backed-cap-trade-face-fallout/#comment-139153 Mon, 28 Aug 2017 15:35:53 +0000 http://calwatchdog.com/?p=94846#comment-139153 California’s emission crusade began back in 2006 with the passage of Arnold Schwarzenegger’s Global Warming Initiative AB32. The public has been very supportive of that emissions crusade regardless of cost, as AB32 has raised billions of dollars from the public for the government.

So, in 2016 SB32 was approved that set the emission reduction goals of 40% below 1990 levels by 2030. Also in 2016, a companion bill AB197 said CARB should move away from Cap and Trade and toward more local command and control. Unfortunately the linked bills in 2016 of SB32 and AB197 would have been ultra-expensive as it placed much more emphasis on command and control through CARB’s regulatory authority.

Fortunately, in 2017 the passage of AB398 extended the cap and trade auctions to 2030 in the free market and took away most of the regulatory authority powers of CARB to meet those emission targets.

Even though AB398, that places the emissions crusade through the free market auctions is projected to be much more cost effective than the linked bills of SB32and AB197 command and control through CARB’s regulatory authority, the cap and trade “revenue generator” through 2030 provides the public with a dim forecast in the coming years as the burden of additional fuel costs will be falling completely on motorists and businesses.

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