SACRAMENTO – Senator Ted Gaines (R-El Dorado) today issued the following statement regarding Governor Brown’s signing of Assembly Bill 398, the extension of California’s cap-and-trade program.
“Cap-and-trade is bait and switch.
“Governor Brown is full of talk about cap-and-trade ‘benefits’ we never verify and jobs we never see. What we do see are electricity rates that are 50-percent higher than the national average and a million California households living in energy poverty and struggling to get by because we push power prices up beyond affordability.
“California just passed a new gas tax that will add twelve cents to the cost of every gallon of gasoline starting this fall. This cap-and-trade extension could add about another seventy-three cents a gallon on top of that. While the rest of the country is paying $2 a gallon for gas, we are going to be paying a dollar and a half a gallon just in taxes and climate fees!
“Governor Brown and his cadre of climate change extremists won’t be happy until California leads the nation in wind, solar and poverty.
“This so-called historic agreement is really just a big fat energy tax. Californians will have to use less but pay more for it. That is a rotten deal for our families and businesses.
“I am going to protect California’s poor and working class, not double their fuel costs to possibly make some miniscule difference in the sea level in the year 2200 or to get a pat on the back from global elites.”