CALIFORNIA BUSINESS MINUTE
Cost of Green
07-29-09
Hi, I am Tim Johnson and welcome to the California Business Minute.
A study commissioned by the California Small Business Roundtable, entitled
the Cost of AB 32 on California Small Businesses,
Issues addressed in this study include:
• What is the impact of the additional costs associated with implementing AB 32 on
the state’s economy and on consumers?
• What is the impact of the additional costs associated with implementing AB 32 on
small businesses in California?
• How does the cost of AB 32 impact selected industries and economic sectors of
California’s economy?
The report concluded that the legislation could result in average annual losses
of $182.6 billion in gross state output, from small businesses alone. That it
would translate to nearly 1.1 million lost jobs. The report also estimates a
reduction of more than 25 percent in the average family's discretionary spending.
To see the report click on the link below.
http://www.sbaction.org/get_resource.php?table=resource_kmqap4_18z4ys&id=kmqaq1_1ed1wo
I am Tim Johnson and this has been the California Business Minute.
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