California’s November 2 election results were a surprise to many across the country, despite that not much changed in California. Folks got what they voted for-again–beating down any change in draconian environmental regulations including the California Global Warming Solutions Act or AB 32.
“Green” killed Prop 23
California’s Assembly Bill 32 will proceed. Proposition 23 would have suspended implementation of its debilitating measures, but it was defeated by the powerful-and moneyed-green jobs lobby.
The public pointed fingers at those big bad Texas oil companies for $10 million in funding to support Proposition 23. By contrast, the $31 million thrown in by Al Gore’s affiliates to oppose it was ignored. For those with simple math skills, this is more than three times the support for AB 32 than against.
Add to that the financial contributions made by Google, Intel, Pacific Gas and Electric, and backing by CA GOP candidate, Meg Whitman. These are just the big names. Other fat cats behind big moneyed interests showed their support for AB 32 with real green.
Real message goes unheard
With all that backing for AB32, in the form of money spent to defeat Prop 23, they got their message out. The California public lends a listening ear to messages about how the environment will be saved and the air will be clean. No one dared declare how much pockets would be lined in green and quality of life would progress in reverse. As George Gilder put it his WSJ opinion piece,
“new wealth [will] emerge from jobs dismantling the existing energy economy and replacing it with a medieval system of windmills and solar collectors.”
“…we could all get rich by razing the existing housing plant and replacing it with new-fangled tents.”
Innovation takes a detour
The worst aspect of AB 32 taking full effect in California is the destruction of the entrepreneurial innovation factories that once spewed forth technologically advanced products, services, and businesses, to the envy of the world.
These have transformed into government-dependent recepticles for subsidy money producing the products people get only because the government says so. Whatever free will is involved in procurement of such products comes only with the promise of a government handout for both the producer and the consumer.
Green with envy?
We will see whether California continues to be the envy of the world and whether “as goes California, so goes the country.” California has opted for a green economy based on government as a partner. But the government stands for big debt, has little experience running anything effectively, and doesn’t produce wealth. And California has staked its future on a scam, supported by the moneyed interests of an unprincipled few, for products that can’t make it on their own, to the creation of its own demise.
Who wants to follow California with a future like that?