SACRAMENTO – Senate Republican Leader Patricia Bates (R-Laguna Niguel) issued the following statement after the California State Senate approved legislation to extend cap-and-trade [Assembly Bill 398].
“The real threat of climate change should not be used as an excuse to increase the cost of gas, food and electricity on those who can least afford it. Cap-and-trade essentially takes money from the wallets of Californians and deposits it into a Sacramento slush fund to pay for questionable priorities such as high-speed rail.
“I support the goal of cleaner air and reduced emissions, but I found it telling that I could not get a straight answer today from the Governor’s representatives on what extending cap-and-trade would cost taxpayers. One nonpartisan estimate says that cap-and-trade could add up to another 63 cents per gallon of gas starting in 2021.
“The bottom line is this – the world’s elites will applaud what California did today, but it will be hardworking Californians who will pay the price.”