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Arnold aide: AB 32 will have no effect on global warming
John Seiler: Arnold’s beloved AB 32 is a jobs killer. Yet its imposition would have no effect on global warming, as top Arnold aide David Crane admits in the following video. That’s another reason to pass Prop. 23, which effectively would kill AB 32.
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May 21, 2012
Which is the bigger business, preaching about global warming as a result of human excesses or the current manufacturing conglomerates of the world collectively producing products for human consumption? Then, who has the bigger reason to lie?
http://www.theeffectsofglobalwarming.net
It’s nice to hear a politician admit what has been all to obvious for a long time.
So why are the AB32 advocates still pushing forward ‘full steam ahead’?
Somebody needs to ‘follow the money’ with AB32. Who is going to get rich from it?
Gore needs all the money he can get now that he needs to fund a huge divorce settlement and a sexual assault lawsuit.
Hey Larry, you need to alter you question a little bit. You should be asking “Who is going to get RICHER from it?”
The people who are going to benefit from it are already Multi-millionaires or Billionaires. They have enough money to throw around to floundering startup “Green” companies in hopes that a few of them will survive long enough to go public and turn their investment into enough money to to cover the investment losses from the other “Green” companies that failed, and still have enough profit left over to buy a small country.
In order to ensure that the companies they have bet on have a favorable regulatory environment, these gazillionaires also invest millions of dollars into political campaigns in order to ensure that they have some influence over the people who are making the rules that can either kill or nurture these startup “Green” companies.
Conveniently these same small “Green” companies receive hundreds of millions, if not billions, of dollars in government subsidies or low intrest loans from the government in order to keep their doors open despite the fact that they are not able to compete in the market and are not able to turn a profit.
Most of the time, when these companies pop up, there will be huge announcements about how wonderful the company is, how many jobs they could create, how they are going to save the world. However, when that company goes out of business 9 months later there isnt a peep about it. In the rare occurance that one succeeds long enough to go public, the big news is that some famous Billionaire was one of the initial investors and they just made a few hundred million dollars more.
They were able to build empires with little to no government regulations to get in their way, but now they can influence new regulations that will create a huge regulatory barrier to new companies. This will either prevent companies from getting big enough to compete with their current business interests, or it will allow them to jump in on any emerging business/technology they want to since all of those startups will be completely dependant on VC Investors to raise enough money to get past all of the regulatory road blocks and eventually be able to turn a profit.