12/26/2024

Opinion: Latino Businesses at Mercy of State Costs

Small business owners are often left in the dark about the energy cost increases from environmental and climate change mandates. Latino-owned businesses are disproportionately impacted because many operate on a smaller profit margin, many don’t have as much access to financing and many businesses are less established. For minority-owned or family businesses, absorbing new environmental costs could mean being forced to reduce hours or lay off workers.

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