Friday, September 21, 2012

Business Opposes Emissions Cap and Trade

The Chair of California’s Air Resources Board chastised business groups today for what she said was an attempt to undermine the state’s cap and trade plan on emissions. Manufacturing lobbyists, oil refiners and other industry representatives oppose fees that will be charged for so-called emissions allowance permits. They say the law will hurt the state’s economy and further undermine its businesses. Environmentalists say business groups should be focused on the fight against climate change instead of financing a legal war against AB32, the state’s ground-breaking clean air law. Pacifica KPFK’s Ernesto Arce has more from Los Angeles.