The independent and nonpartisan Legislative Analyst’s Office (LAO) in Sacramento says there will be some economic disruption and higher energy costs if the 2006 climate change law is implemented. Senator Dave Cogdill (R-Modesto), an opponent of the law, requested the analysis and accurately sums up its key findings.
More jobs will be likely lost in the near term.
Overall job impact in the long term is unknown.
Certain individual businesses and households would be seriously affected.