Proposition 23 Is Needed to Save Jobs
The African American business community has long been wary of California’s global warming law (AB 32) because of its potential negative impact on small businesses in the state. A large percentage of African American-owned businesses fall into precisely that category.
Unfortunately, our instincts have proven correct. The independent Legislative Analyst has determined that AB 32 will increase energy costs and result in lost jobs. The California Air Resources Board (CARB) itself has acknowledged that small businesses will be hit disproportionately hard since they typically spend a larger percentage of their budgets on utilities and fuel.
That’s why the Black Business Association, and African American organizations across the state, strongly support Proposition 23. By temporarily suspending the state’s costly global warming law, Yes on 23 will save small businesses and families from the electricity, gasoline and natural gas cost increases that would occur if this flawed law were implemented.