The cap-and-trade debacle is another reminder that California officials continue to pursue two destructive policies simultaneously: punishing wealth creation and business owners through higher taxes and additional regulations, while spending revenue faster than it comes in. While they count on money from the auctions, California officials have imposed new costs on businesses, raised utility rates and put the state’s industrial products at a competitive disadvantage so that it can set an example for the world on how to reduce global temperatures.
Democratic officials argue that the new green-energy model will energize the state’s business climate, but even the Air Resources Board admits that the state will suffer from what it terms jobs “leakage.”
Incompetence, Energy, Regulation
If any national park can make solar power work, it would be Death Valley, one of the world's sunniest and hottest landscapes. But superintendent Sarah L. Craigheadsaid the park's solar projects have been unplugged since she took the job 21/2 years ago. "We have been trying to get these agreements in place for quite some time. Everything is just sitting in the queue. Some panels were put up as part of the stimulus package," she said, referring to the economic initiative begun in the early days of the Obama administration.
Editorial, Liberal, Oops
The Central Valley of California used to be the nation's breadbasket, producing enough food to not only feed much of the United States, but to export to the rest of the world. But that is no longer the case, thanks to environmental politics.
Democrat, Liberal, Government, Incompetence, Economy, Jobs
California continued its economic recovery as the unemployment rate dipped to 10.1 percent in October, led by increases in private sector jobs such as construction, retail and well-paying professional work... Although California's job growth rate outpaced the U.S. as a whole, its unemployment rate remains far higher. The U.S. jobless rate was 7.9 percent in October, up from 7.8 percent in the previous month, as more Americans began looking for work.