We can’t afford to suspend AB32 | TheUnion.com

We can’t afford to suspend AB32

A proposed ballot initiative would suspend the California Global Warming Solutions Act, AB 32. This pro-pollution measure is extremely short-sighted and would harm California’s economy and atmosphere.

If global warming continues unchecked, jobs will vanish as our winter snow pack shrinks drastically, levees fail, flooding increases; storm damage and water shortages will reduce energy supply while air conditioning demand soars. Climate-induced damage to California’s energy sector will cost us over $2.7 billion in a low-warming scenario, or rise to as much as $6.3 billion if we do nothing. In addition, rising sea levels would cause incalculable economic and human loss.

Halting our state’s efforts to reduce greenhouse pollution would create an uncertain business environment for thousands of California employers who have played by the rules by investing in clean technology, setting up training programs, and retooling equipment.

Since AB 32 was signed into law, venture capital investment has poured into California. Green jobs grew at a 5 percent clip even while total employment was falling.

California can have both a cleaner atmosphere and a healthier economy. Economic studies show a net benefit to reducing greenhouse gas emissions. We cannot afford to turn our backs on a greener, more prosperous future.

Carroll Nast


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