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Is Going Too Green Bad For California's Job Market?Over the last several years, Already, analysts and socio-economic and political forecasters are saying that the latest global warming laws could possibly lead to an increase of unemployment in Under new green laws, certain industries such as agriculture will come under heavy regulation that can impede growth and development of new markets. Other sectors that fall under such heavy regulation would be the automobile industry, the garment manufacturing industry, and even the housing sector. Another factor to consider is products which are built using environmentally friendly processed will no doubt be more expensive for consumers. This could potentially lead to low demand. While a balance in the implementation of green laws is what is wanted, too many green laws would potentially harm the job and consumer markets. While Governor Schwarzenegger has stated that the new green laws of AB32 will help create more jobs and facilitate the growth of California's green economy, the fact remains that caution must be taken when pushing forward with AB32 as to not damage existing industries. The availability of new green jobs may not be proportionate to the number of jobs lost at companies affected by the impact of AB32. Comments (3)Like with any large scale legislation regulators will have to ease it in. I can see how going green too fast can be problematic. That is why Obama is still looking to develop offshore oil while also going green at the same time. It can't all just happen at once! Hopefully AB32 is implemented in a reasonable way as to gradually ease it into the economy. That being said, green technology is the future for California. It will provide white collar & blue collar jobs, research jobs, and hopefully bring some manufacturing back to the state. Something to think about, but the first step to build a new economy based off renewable energy and environmentally friendly business practices is going to be expensive and perhaps even painful at first. This something we as Californians and Americans must push forward with. |
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