Climate Policies Come With A Cost!
BREAKING NEWS …
California’s climate policies come with a significant and rising cost!
California has long led the nation in climate action and the cost of that leadership is now being realized.
Already exorbitant and rising energy costs
Highest in the nation gasoline and diesel prices
Not that this should be a surprise to Sacramento politicians. But most have been slow to accept that reality even as they vote to keep expanding climate policies. Others simply choose to ignore it because they believe the cost of inaction is too high at any cost.
“When you spend two-thirds of your income on rent, crawl through gridlock and still face spiking utility bills, climate action stops feeling like an investment in the future and starts feeling like a tax on the present.”
As rising energy and fuel costs ripple through the economy it translates into higher costs and economic impacts all around.
Higher housing and construction costs
Higher food and grocery costs
Higher rates of poverty
Higher rates of unemployment
3.2 million customers in arrears on their utility bills
When you add in other costly environmental and business compliance costs in the state it should be no surprise that refineries and other businesses are closing in California, costing thousands of jobs and destroying local economies and communities in their wake. Not to mention further increasing the cost of fuel as supply is tightened.
Despite these economic realities that continue to harm residents and businesses alike, some environmental activists are pushing for even more regulation that will drive climate cost impacts even higher.
Sacramento politicians would be wise to reject these ill-advised calls for increased regulation and instead, adopt solutions that begin to balance climate ambition and affordability - or face the wrath of voters at the polls.