OPINION: Bogus Economic Analysis Claims Cap-and-Trade Creates Jobs

Following the Legislature’s passage of Senate Bill 32, a plan to expand California’s climate change policy, a Silicon Valley think tank with ties to the Jerry Brown administration has released a flawed analysis supporting the plan. Central to the think tank’s argument is the idea that while the new policy will kill jobs, this economic harm will be offset by subsidies to Silicon Valley, reports Breitbart.com.

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