Economic Impact Of California's Global Warming Plan

Businesses and consumers face higher costs as a result of California's ambitious plan to counter global warming.

1 minute read

September 5, 2006, 10:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"California's ambitious plan to curb global warming will be costly to businesses and consumers, experts said Thursday, and its effect on the climate could be negligible â€" unless other states and nations follow.

Although it is too early to know what will happen over the next two decades, the state's basic industries, including utilities, oil refineries and steel mills, can expect to make major changes in how they do business. And consumers may face higher bills for electricity, gasoline and other goods that use energy."

FULL STORY: Global Warming Plan Could Be Costly

Friday, September 1, 2006 in The Los Angeles Times

Community / Economic Development Environment California

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