Cost and Taxes in the Green Economy

The 12th annual Verdexchange Conference kicked off in Los Angeles this week with a discussion on how the recent election results will boost environmental politics and the green economy in California. But in the tradition of the old Rodney Dangerfield joke that, “I went to a fight the other night and a hockey game broke out,” the panel discussion on elections and climate change took a wayward turn and targeted Proposition 13. Taxes seem to be on the mind of panelists to move the green agenda ahead.

. . . But the cost is still a concern. Steve Berberich, president of the California Independent System Operator that maintains the state’s power grid, said he wondered how a police officer and teacher couple in Fresno could cover their energy bills during a hot period under potential cost increases for the renewable energy.

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