Tuesday 4 May 2010

Battle against California's landmark global warming law heats up

Foes get 800,000 signatures to try to suspend reform measure

SAN JOSE — Setting up what is expected to be a multimillion-dollar political battle between oil companies and Silicon Valley tech leaders, opponents of California's landmark global warming law turned in about 800,000 signatures Monday for a November ballot measure to suspend the law.

Opponents of the law, known as Assembly Bill 32, say it will cost California jobs during a bad economy by increasing the price for fuels such as gasoline, and electricity bills. Supporters say the law — the latest example of California leading the rest of the nation on environmental reform — already is helping the state's green tech and renewable energy industries by driving demand for cleaner energy.more...

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