A right wing coalition of moneybags and oil interests is out to destroy legislation reducing greenhouse gases.
...A well-financed coalition of right-wing ideologues, out-of-state oil and gas companies and climate-change skeptics is seeking to effectively kill that law with an initiative on the November state ballot. The money men include Charles and David Koch, the Kansas oil and gas billionaires who have played a prominent role in financing the Tea Party movement.
The 2006 law, known as AB 32, is aimed at reducing California’s emissions of carbon dioxide and other greenhouse gases to 1990 levels by 2020 and by 80 percent at midcentury. To reach these targets, state agencies are drawing up regulations that would affect businesses and consumers across the board — requiring even cleaner cars, more energy-efficient buildings and appliances, and power plants that use alternative energy sources like wind instead of older fossil fuels.
The prospect that these rules could reduce gasoline consumption strikes terror into some energy companies. ...NYT
Because of successful efforts to kill any climate change legislation at federal level, most legislation has been left to the states. California's AB 32 is applauded as a successful effort particularly because of what a former Reagan Cabinet member sees as "an unprecedented outburst of technological creativity and investment."
Who wins if this law is repudiated? The Koch brothers, maybe, but the biggest winners will be the Chinese, who are already moving briskly ahead in the clean technology race. And the losers? The people of California, surely. But the biggest loser will be the planet.