SACRAMENTO (CBS) — Former California governors Gray Davis, Pete Wilson and George Deukmejian have joined a group of business leaders in warning regulators that the fight against climate change may worsen the state’s fragile economic condition.
AB 32 sets a goal of reducing California’s greenhouse gas emissions to 1990 levels by 2020, with an ultimate goal of an additional 80 percent reduction by 2050.
But with the state already facing the third-highest unemployment rate in the U.S. at 12.4 percent, the members of the Southern California Leadership Council (SCLC) say the potential impact of new AB 32 regulation could be devastating for the prospects of any economic recovery, particularly for sectors like manufacturing and wholesale trade.
Lee Harrington, executive director of the Southern California Leadership Council, joins KFWB’s Michael Shappee
(©2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)