Prop 23: nice try, Big Oil!

I am voting NO! on Prop 23, the proposition that wants to "suspend" AB32, the climate change legislation passed in 2006, until unemployment abates.

A slightly closer look at the proposition reveals it as a dishonest attempt by special interests (big oil companies) to effectively repeal AB32. The chances that unemployment will dip below and stay under 5.5% for four successive quarters any time soon is close to zero.

Moreover, it is also potentially shooting our own feet if we throttle the only growth industry in the state at the moment. California's green tech is getting a lot of investment flowing in because of the policy environment created by AB32 and other related laws. Going back on that now is a potential economic self goal.

I am not a tree-hugger. I have my doubts about the efficacy of cap-and-trade. But such sneaky propositions funded by mega corporations which stand to gain by them is not the way to address that.

No! on Prop 23.