Oops: Dimwit CA Dems Realize Their Insane Cap-and-Trade Scheme Will Cost Money

Posted by on Jun 30, 2014 at 12:44 pm
headupass

Perhaps they should have read the legislation before they voted for it. Zany liberal legislation always costs more than intended, this being just the most recent example.

A group of California Democrats is having second thoughts about the state’s expanding cap-and-trade program, urging Gov. Jerry Brown’s administration to rethink the plan out of concern that it will drive up gas prices and hurt low-income residents.

The Golden State already has the program in place — which caps greenhouse gas emissions and requires companies to buy permits in order to breach those caps — but right now it only applies to power plants and other heavy manufacturers. Next year, California is set to expand the regulations to transportation fuels.

Sixteen state Democratic lawmakers wrote a letter to the head of the California Air Resources Board earlier this month warning this could trigger a cost increase of roughly 15 cents per gallon of gasoline.

The Assembly Democrats said they were “concerned” about the impact on their constituents, and urged the state to either delay the expansion or “change the program” to minimize the impact at the pump.

Must be election season. Help save us from our own actions!

California already has the highest average gas prices — topping out at over $4 per gallon — in the continental United States. The prospect of that price rising higher still has lawmakers of both parties concerned it could stunt economic growth at a fragile time.

The letter sent earlier this month warned that, at a time when many areas are still struggling with double-digit unemployment, the plan to could be “putting the brakes on our economic recovery.” The expansion is set to go into effect Jan. 1, 2015.

Assemblymember Henry Perea, among those who signed the letter, said in a statement that the plan would take money “out of the pockets of hard working Californians who drive to work or school and make necessary trips to the grocery store or doctor’s office.”

Not to mention they’ll be paying more for a visit to the doctor’s office, if they can find one, thanks also to Democrats.

 

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2 Responses to “Oops: Dimwit CA Dems Realize Their Insane Cap-and-Trade Scheme Will Cost Money”

  1. Tuerqas on 1/01/14 at 11:23 am

    Now they will get the plan to halve the increase to .08 cents at the pump and actually campaign on their ‘saving the little guy’ policy shift…
    Wait, who instituted the increase? Social media, which has no responsibility to be accurate will blame it on greedy Republican oil barons, of course.

  2. Blacque Jacques Shellacque on 2/02/14 at 3:06 am

    “Assemblymember Henry Perea, among those who signed the letter, said in a statement that the plan would take money ‘out of the pockets of hard working Californians who drive to work or school and make necessary trips to the grocery store or doctor’s office.’”

    What does he mean, would? That’s already happening. A fifteen cent per gallon increase just makes an already bad situation worse.