California watchdog sees climate policy job losses

California is likely to see modest job losses in the near term from its aggressive climate change policy due to higher energy costs and other factors, the state’s independent Legislative Analyst’s Office said. Skip related content

The budget watchdog was responding to a request by Republican state Senator Dave Cogdill to study the effects of California’s 2006 climate change law, which mandates changes to cut greenhouse gas emissions to 1990 levels by 2020.

The report goes on to note that the reason that the losses are only modest, is that California uses less energy overall, due to it’s generally salubrious climate.

Otherwise, the only surprise here is that any one is surprised. If the green stuff was really stimulative to the economy, it wouldn’t need government programs at any level to encourage it…entrepreneurs would be lining up to jump into the business on their own.