Governor Schwarzenegger championed the law to reduce greenhouse gas emissions in California. He denounced the effort to delay it as being funded largely by out of state oil companies.
“Because they want us to depend on just oil, because they are greedy and they want to have the profits.
Supporters of the initiative include business groups, who say now is not the time for the law known as AB-32. It placed new requirements on businesses to reduce greenhouse gases. The initiative would delay the measure until California’s unemployment rate drops to five-point-five percent and stays there for a year. It’s currently over 12-percent. John Kabateck heads the National Federation of Independent Business/ California. He says AB-32 discourages business growth.
“A measure like AB32 even if it hasn’t been implemented just yet sends a signal not just to big businesses but even more so to small businesses, 98-99-percent of our business community one more reason that they shouldn’t be in California, that they should move to Nevada, Texas, Wyoming and other states …”
Counties will work on verifying the signatures in the coming days. The Secretary of State also must certify the measure.