Fake president claims environmental regulation kills jobs — California proves he’s wrong [as usual]

❝ The California economy is thriving, according to a new report released Monday — and that’s despite the state instituting relatively restrictive environmental rules.

According to the assessment, after the passage of California’s trademark — and controversial — 2006 cap-and-trade law, statewide per capita emissions fell by 12 percent. For every fossil fuel job in the state, California has 8.5 in solar and wind energy…Most notably, the report finds the state’s per-capita GDP grew by almost double the national average since cap-and-trade passed. In fact, the state is now the most energy-productive economy in the world — meaning it uses the least amount of energy to gain each dollar of GDP…

❝ The research, published by the public policy nonprofit Next 10, suggests California is emerging as the sixth largest economy in the world while becoming cleaner and greener. That fact sits in direct opposition to the principle now undergirding policy in Washington: that unbridled industry is a key ingredient to U.S. prosperity…

“The narrative that strict environmental policies that impact large parts of the economy are always bad is simply not the case,” says economist Adam Fowler, the report’s lead author. “These policies have pushed innovation, and innovation is always good in a capitalist system.”…

❝ “Being a leader environmentally is something the state has done for half a century, and the state continues to prosper,” says Charles Kolstad, a Stanford University economist who was not involved in the new report.

Trump has brought the coal industry about 800 verifiable new jobs nationwide while alternative and renewable energy projects offer jobs in the thousands, tens of thousands. Trump’s lies are meaningless in the face of real economic growth. The fools who believe those lies are stuck with the results – and diminishing returns on their ignorance.

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