The Normandy Invasion For U.S. Climate Change

Forbes.com (Jun 15 2010) Cap and Trade , Fossil Fuel

1. The upcoming California midterm elections represent the equivalent of the Normandy invasion for national climate legislation: an epic battle whose outcome will likely determine the near-term fate of efforts to collar greenhouse gas emissions. In November, in addition to electing a new governor, 37 million Californians will exercise their version of direct democracy by voting on a ballot initiative designed to kill AB 32, the landmark climate legislation enacted in 2006 and widely regarded as the most aggressive climate legislation on planet Earth. It calls for a host of greenhouse-gas reduction measures, including the implementation of cap and trade by 2012. The Public Policy Institute of California predicts that more than $150 million dollars will be spent on this throw-down. (Read Full Article)

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