Can Oregon Afford To Be The Next California? | NTK Network Can Oregon Afford To Be The Next California?

Can Oregon Afford To Be The Next California?

Proposed cap-and-trade legislation will make Oregon less competitive and do nothing to address greenhouse gas emissions.

By NTK Staff | 01.25.2018 @12:07pm
Can Oregon Afford To Be The Next California?

Lawmakers in Oregon will return to Salem for a six-week legislative session in early February, where Democrats are expected to push for a cap-and-trade bill that is modeled off of a similar—and controversial—2017 California program.

While some politicians in Oregon see this legislation as crucial to “curb[ing] greenhouse gas emissions in the state,” citizens and local business leaders are less than enthusiastic about the Bill.

The proposed legislation “is based on California’s program,” according to the Portland Business Journal, “with the intention of aligning the two programs, along with others, in a wider emissions market.” Since California enacted its carbon cap-and-trade law, manufacturing job growth in the state has fallen to half the national average.

If cap-and-trade legislation were to become law in Oregon, it would result in 4,800 fewer jobs in Oregon by 2035, according to a study conducted by FTI Consulting.

Business leaders in Oregon are adamantly opposed to the legislation, and they are quick to point out that from 2000 to 2015 the state’s greenhouse gas emissions have declined by 13%.

Chris McCabe, the executive director of the Northwest Pulp and Paper Association recently argued that this legislation would be futile in an op-ed in the Register-Guard:

“Oregon is responsible for 0.1 percent of global carbon emissions. That means you could eliminate our economy entirely and not make a dent in global emissions.”

Pamela Barrow of the Northwest Food Processors Association went even further than McCabe in another opinion piece that the cap-and-trade legislation would take Oregon “backward.”

Lawmakers in Salem, need to be careful that Oregon doesn’t become the next failed experiment of California’s bureaucrats.

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