California Considers Global Warming Solutions Act
18 August 2006 - 2:00pm
California, the world's eight largest economy, is considering measures to address global change.
"California is forging ahead with the most aggressive U.S. program to reduce global warming -- a plan that pits Gov. Arnold Schwarzenegger against fellow Republican George W. Bush.
Both the governor and his state's Democratic-led legislature want to make California -- the world's eighth largest economy -- a model to follow with caps in greenhouse gas emissions that the U.S. president rejects.
State politicians still are hammering out differences over the proposed Global Warming Solutions Act. If passed, it is likely to play a role in November's vote for governor and in national politics for years to come."
Source:
Reuters, August 17, 2006
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At a much larger economic scale, however, one mustn’t avoid calculating the tremendous and exceptional externalities of automobile dependency.
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