From article by Patrick McGreevy on LATimes.com:
"Calling the law the most ambitious clean-energy effort in the nation, the governor predicted that it would help jump-start the state's economy."
"It's about California leading the country. It's America potentially leading the world," Brown said at a signing ceremony in Silicon Valley.
The Center for Energy Efficiency and Renewable Technologies predicts that the law will create 100,000 jobs.
Republican lawmakers, on the other hand, predict that utility companies will have to significantly raise electricity rates, "leading some firms to move manufacturing jobs out of the state."