Towards A Better Environmental Legacy

Friday, September 01, 2006

Kudos to Arnold

My home state is ahead of the curve in good environmental sense again. This is not by accident, but because California as the most populous state is the first to face the issues that all of us will eventually face with the rapid population growth in our country. Governor Schwarzenegger helped draft a bill which he will soon sign that vows to curb greenhouse gas emmisions in California using a market based approach. Opponents argue that this will cost money and possibly increase costs of energy and be burdensome to companies to the point of making them flee the state. I have heard the last argument many times before for other sensible environmental ideas and last time I checked California's economy was still doing quite well. As for the first argument, doubtless there will be increased cost, at first, with the new program. However, these same people that champion free market economies seem to have little faith that invention and entrepreneurship will create many new ingenious ways to limit CO2 emissions, and maybe even be profitable in the long term for everyone. Until now there has been little, if any, incentive in the U.S. to invest time and money into this area which will only become more critical into the future and so there has been no serious attempts at new technologies to address it. With the gauntlet thrown down in attacking this looming behemoth of an issue, why don't we watch and see what American ingenuity can create before we give up without even trying. I'm sure someday we will realize profits that go far beyond financial, and if we put off facing the issue we will be faced with throwing together last minute band aid solutions that will cost a lot more, if it will not already be too late.

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