GROUPS FEAR GHG-REDUCTION TARGETS WILL HURT COMPETITIVENESS

Industry groups are raising concerns that greenhouse gas (GHG) emission reduction targets sought by state leaders either through legislation or executive branch action may be premature and hurt California's business climate and competitiveness. These concerns may be affecting the fate of a Cal/EPA proposal pending in the governor's office, and could sink a bill that establishes specific GHG emission reduction targets by 2010 and 2020, according to sources. To this point, industry organizations have been relatively quiet in discussing state...