Green Biz Crowd says AB32 will send California over the Cliff

The California Air Resources Board (CARB) adopted its first round of rules to implement AB32 this month.  While the rules do not kick in until 2012 and most of the “allowances” required to emit greenhouse gases will be given away until 2015 it still is cause for celebration or alarm in the Golden State and elsewhere.

RenewableBiz is part of the green press crowd that closely follows the renewable energy market.  It is doing a quick poll of its readers running from December 19th to January 1st recently asking:

Which statement most closely resembles your view of California’s adoption of a cap-and-trade system for CO2 emissions?
A boom in the clean energy economy has been started
24% (9 votes as of 12/13/2010)
California’s economy will be driven off a cliff
43% (16 votes as of 12/23/2010)
The state will muddle along like much of the rest of the country
32% (12 votes as of 12/23/2010)
I know there are few votes and this is not statistically valid survey methods—but this is a ‘green as they come’ trade rag and when these folks think AB32 will drive California off the cliff—-it makes you wonder!   So I’ll check back on this quick poll New Year’s Day and see if I should just keep drinking.

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