Senator Stone Statement on Cap and Trade Bill

Thursday, July 13, 2017

(Sacramento, CA) – In today’s Senate Environmental Quality Committee, Assembly Bill 398, authored by Assemblyman Eduardo Garcia passed out on a party-line vote.  AB 398 extends California’s controversial Cap and Trade system designed to regulate and reduce Greenhouse Gas Emissions to the year 2030.

In response to the Committee’s vote, Senator Jeff Stone, who is the Vice Chairman of the Committee, issued the following statement:

“Governor Jerry Brown and the Democrats in charge of Sacramento played ultimate hard-ball politics today by threatening California’s business community with more costly regulations if the Legislature did not pass his Cap and Trade system.

“This bill will raise gas prices.  It will increase utility costs.  It will cost small businesses and taxpayers billions of dollars a year so the state can pay for pork projects like the Governor’s High Speed Choo Choo Train to nowhere.

“Taxpayers and commuters in Riverside County already spend too much on gasoline.  This bill will protect the rich coastal elitists who can afford to fly their private jets around the world talking about global climate change.  This bill will mean the working poor will be forced to decide whether or not to put gas in their car or food on their table.

“We all want clean air and clean water.  We are all environmentalists.  But this bill saddles the working poor and the middle class with higher taxes and higher utility costs.  It seems that this bill’s true goal is to drive jobs out of California – which would certainly have the effect of reducing Greenhouse Gas Emissions.”

A vote on the Senate Floor for AB 398 will likely take place on Monday, July17th along with the companion measure – AB 617.