APPLE-NC against Proposition 23 |

APPLE-NC against Proposition 23

APPLE-NC, the Alliance for a Post-Petroleum Local Economy, Nevada County, strongly recommends a “no” vote on Proposition 23, the job-killing initiative on California’s November 2nd ballot.

Proposition 23 would effectively kill AB32 (the “Global Warming Solutions Act”), the landmark 2006 law that has already spurred a new explosion of investment in green tech industries, California’s next economy.

AB32 passed with bipartisan support from a diversity of Californians, including business, labor and environmental leaders.

What would Proposition 23 do? Proposition 23 would freeze all provisions of AB32 until California’s unemployment rate falls and remains below 5.5 percent for four consecutive quarters (1 year), a condition which has occurred only three times since 1976.

What is AB32? AB32 requires that greenhouse gas emissions in the state be reduced to 1990 levels by 2020, and to 80 percent of 1990 levels by 2050. Although AB32 specifies a staged implementation, with some provisions – such as cap-and-trade – not taking effect until next year, many businesses have already anticipated these stages in their current investment decisions.

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