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		<title>Downside of costly energy dawning on Europe. CA next?</title>
		<link>https://calwatchdog.com/2013/05/24/downside-of-costly-energy-dawning-on-europe-ca-next/</link>
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		<pubDate>Fri, 24 May 2013 13:15:05 +0000</pubDate>
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					<description><![CDATA[May 24, 2013 By Chris Reed One of the most befuddling things about being a public-policy watcher in California in recent years has been the durability of the argument that]]></description>
										<content:encoded><![CDATA[<p>May 24, 2013</p>
<p>By Chris Reed</p>
<p><img decoding="async" class="alignleft size-full wp-image-38743" alt="ab32-banner-lmore" src="http://www.calwatchdog.com/wp-content/uploads/2013/03/ab32-banner-lmore.png" width="200" height="200" align="right" hspace="20" />One of the most befuddling things about being a public-policy watcher in California in recent years has been the durability of the argument that the higher energy costs forced by 2006&#8217;s passage of AB 32 <a href="http://www.calwatchdog.com/2013/03/05/ab-32-now-now-l-a-times-warns-it-imperils-economy/" target="_blank">won&#8217;t be a drag</a> on the state economy. Instead, the claim goes, the innovation triggered by the mandate that California use cleaner-but-costlier types of energy will at the least make up for jobs lost because energy is much cheaper in rival states and nations.</p>
<p>Now I understand why religious greens would believe this. But allegedly rational, neutral journalists? Incredibly, it wasn&#8217;t until this March that The Los Angeles Times had a news story that operated from the straightforward premise that <a href="http://articles.latimes.com/2013/mar/03/local/la-me-brown-environment-20130304" target="_blank" rel="noopener">AB 32 carried huge risks</a> for the state economy.</p>
<h3>&#8216;Rising energy prices a threat to competitiveness&#8217;: Duh</h3>
<p>In Europe, however, the learning curve is a little farther along. This is from a Financial Times article headlined &#8220;High energy prices for industry occupy officials at EU summit&#8221;:</p>
<p style="padding-left: 30px;"><em>&#8220;[There is] a growing fear in Europe that rising <a href="http://www.ft.com/intl/cms/s/0/09528a32-7a75-11e2-9c88-00144feabdc0.html" target="_blank" rel="noopener">energy prices </a>now pose a threat to the industrial competitiveness of a region mired in recession. It has been driven home by a steady stream of announcements from European manufacturers about plans to build new production facilities in the US.&#8221;</em></p>
<p>And where are those European manufacturers planning to build new factories? Not in California. In <a href="http://www.washingtonpost.com/world/europe/european-industry-flocks-to-cheap-us-gas/2013/04/01/454d06ea-8a2c-11e2-98d9-3012c1cd8d1e_story_1.html" target="_blank" rel="noopener">states with access to cheap natural gas</a> made available by fracking, such as Louisiana, Texas and Pennsylvania.</p>
<p>But then the California media have a little problem with reporting on fracking, too. They can never even bring themselves to admit the Obama administration supports it. Even when Obama&#8217;s secretary of the interior says it <a href="http://www.calwatchdog.com/2013/05/18/obama-interior-secretary-shreds-fracking-foes-lat-omits/" target="_blank">loudly and clearly</a>.</p>
<h3>A dead heat in the Reverse Pulitzers competition</h3>
<p><img decoding="async" class="alignleft size-full wp-image-43142" alt="SEJ" src="http://www.calwatchdog.com/wp-content/uploads/2013/05/SEJ.gif" width="234" height="70" align="right" hspace="20" />This creates a dilemma for those on the Reverse Pulitzer jury. Who deserves the 2013 award?</p>
<p>1) The legions of California journos who idiotically argued that high energy prices will be good for or won&#8217;t hurt the economy, or &#8230;</p>
<p>2) The legions of California journos who dishonestly depict fracking as new and evil while never mentioning that the Obama administration backs fracking as just another heavy industry.</p>
<p>On the other hand, it&#8217;s no dilemma at all when you think about it. Everyone in Group 1 is in Group 2, and vice versa.</p>
<p>Reverse Pulitzers for the lot! My congratulations! Y&#8217;all are doing a hell of a job!</p>
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