Grimes: Sen. Pres. Kevin De Leon’s Fractured Fairytale on Climate Change

/, Conflict of Interest, Grimes, Renewable Energy, Renewable Subsidies/Grimes: Sen. Pres. Kevin De Leon’s Fractured Fairytale on Climate Change

by Katy Grimes, E&E Legal Senior Media Fellow
As appearing in the Flash Report

California Governor Jerry Brown inherited the Golden State, the land of opportunity. However,

A 2014 Stanford study found the heaviest burden for climate change regulation costs falls on people – especially lower income groups – and not corporations, because companies ultimately pass on those costs to people. For the poor, basic necessities like electricity and home-use gas take up a bigger chunk of the budget than for the rich. Under a hypothetical carbon tax, households in the lowest income group would pay as a percent of income more than twice what households in the highest 10 percent of income distribution pay.

California’s renewable energy policies are regressive, and hurt the poor the most.

De Leon frequently talks about the plight of Latinos, and the need to increase take-home pay for the poor and the middle class, but his energy policies are hurting those very same people. “However, having been raised in poverty and representing one of the poorest Senate districts in the state, economic inequality is a constant in my reality,” de Leon said.

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