Surprised? The Governor Terminator stated several years ago that Green jobs would be good for California. Think again. It's been a disaster. Read "California Greenin" at Investors.com.
Global Warming: Remember the promise that green jobs would flourish in California? Well, here's the reality: The cost of going green is actually lost jobs.
When Gov. Arnold Schwarzenegger signed the Global Warming Solutions Act of 2006, Californians were told that their state would become a font of green jobs churned out by the growing green economy.
The law, a kind of mini-Kyoto Accord that requires the state to cut greenhouse gas emissions to 1990 levels by 2020, was supposed to create 120,000 new jobs by 2020, according to a state Air Resources Board estimate.
...looked just at green jobs, the state's independent Legislative Analyst's Office looked at what the Global Warming Solutions Act will actually do to the overall economy. The picture is not rosy.
"It seems most likely to us that implementation of (the global warming legislation) will result in the near term in California job losses, even after recognizing that many of the programs phase in over time," wrote legislative analyst Mac Taylor...
...But the reasons for the job losses — higher energy prices, changes in the types of energy used, vehicle fuel standards, business contractions and relocations, regulatory compliance — aren't likely to change. This strongly suggests that job losses will go on beyond the near term.
At one time, California was known for its overflow of original ideas that helped move the country forward. Sacramento's global warming bill, however, is a mistake the rest of the states, as well as Washington, should learn from.
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