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Group urges support of AB 32

Politics: Group of California CEOs sends letter to governor’s office urging commitment to global-war

Posted: June 4, 2011 1:55 a.m.
Updated: June 4, 2011 1:55 a.m.
 

A group of California CEOs and business leaders sent a letter to Gov. Jerry Brown this week urging him to remain committed to fully implementing AB 32.

The CEOs say that between their companies and business memberships, the group collectively employs tens of thousands of Californians.

AB 32, the Global Warming Solutions Act of 2006, set a 2020 greenhouse-gas-reduction goal into law.

The California Air Resources Board is developing the final details of a cap-and-trade system in California, expected to start in 2012. CARB is completing a revised environmental analysis as requested recently by a San Francisco judge in order to implement the program on schedule.

“The implementation of AB 32 has proven to be a bright spot during this recession,” the group’s letter states. “It has attracted clean-technology manufacturers, businesses and jobs to the state. Undermining this market signal with indefinite delays will jeopardize this progress.”

The group said it rejects calls from some environmental organizations for a complete revision of the AB 32 cap-and-trade system.

Under the cap-and-trade system, an overall limit on greenhouse-gas emissions will be established in which businesses subject to the cap will be able to trade permits, or allowable emission limits, with other companies.

“As business leaders who are responsible for creating the jobs that have become such a popular talking point, we can tell you that nothing will do more harm to the emerging California clean-economy sector than continued regulatory uncertainty,” the May 31 letter states.

The California Environmental Protection Agency is working closely with six other western states and four Canadian provinces through the Western Climate Initiative to design a regional cap-and-trade program.

The agency believes a regional program can achieve GHG emission reductions at a lower cost than could be realized with a California-only program.

A full text of the letter and supporters is available at http://is.gd/CTBizLetter.

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