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Jim Heaton Toastmasters Speech
- 1. Green House Gas Regulation AB-32 Jim Heaton President Heaton & Associates, Inc. 26741 Portola Parkway, Suite 1E #662 Foothill Ranch, CA 92610-1763 Heaton & Associates, Inc.
- 2. ASSEMBLY BILL 32 CaliforniaGlobal Warming Solutions Act (AB 32) ―…achieve(s) real, quantifiable, and cost- effective reductions of greenhouse gas (GHG) emissions to 1990 levels by 2020.― —Air Resources Board
- 3. ―Understanding the Impactof AB 32‖ —Boston Consulting Group (BCG) Andrew Chang & Company, LLC ―The Fiscal and Economic Results through Research, Analysis & Impact of the California Insights Global Warming Solutions Act of 2006‖ —Andrew Chang & Company, LLC The Price of Green Virtue, July 2012 Heaton & Associates, Inc.
- 4. Traits of BadLegislation: California Global Warming Solutions Act (AB 32) Expensive Ineffective Crowded-out projects with REAL value. Ineffective Heaton & Associates, Inc.
- 5. IT’S EXPENSIVE: California GlobalWarming Solutions Act (AB 32) By 2020: Exceeds General Fund collections for Sales and Use Tax, Corporation Tax, Motor Vehicle Fees, Insurance Tax, Estate Taxes, Liquor Tax and Tobacco Tax combined. - -Andrew Chang & Company, LLC ―AB 32 will cost consumers $135.8 billion cumulatively….‖ –Boston Consulting Group ―…increase household expenses for the average family by $2,500 per year.‖—Andrew Chang & Company, LLC California will lose 262,000 jobs. Gasoline prices …will rise to between 50 cents and $2.70 a gallon after 2015—Boston Consulting Group Heaton & Associates, Inc.
- 6. CROWDED-OUT WORTHWHILE PROJECTS: California GlobalWarming Solutions Act (AB 32) Could restore California’s Wetlands. In one year AB 32 will cost consumers two-and-a- half times that spent on K-12 education. One year AB 32 cost will fund more than a decade of the Children's Medical Services program under the Department of Health Care Services. Heaton & Associates, Inc.
- 7. INEFFECTIVE: California Global WarmingSolutions Act (AB 32) AB 32 will have an infinitesimal effect on global temperatures. China constructs the equivalent of a coal fired 300 megawatt power plant every two days1 “China now uses more coal than the United States, Europe and Japan combined…”—New York Times, May, 2009 As a result of AB 32 CA refiners will likely begin exporting very large quantities of gasoline. Photo: Coal-fired power plant, China 1International Energy Agency, CCS Retrofit: Analysis of Globally Installed Coal-fired Power Plant Fleet 2012 Heaton & Associates, Inc.
- 8. Questions? Heaton & Associates, Inc.
Editor's Notes
- #2 I’m in a questioning mood. And I’m mad. You feel it. The media no longer investigates…by ourselves, each of us. The punits speak in platitudes or friends…ourselves. Federal, state, and local representatives are disconnected from our severe problems. It’s up to us now. Not the president, congress or the courts…you and me. Our institutions are failing. But you’re not alone, questioning is spreading… from the Tea Party to the Occupy Movement. We used to say, don’t trust the man. Rail against the machine. Fight: Don’t go out with a whimper.If you don’t, you’ll get a law like this one. We’re at a crossing point in America, you know it, you feel it.
- #3 It’s a pleasure to be here.The new taxes and regulations will require a nearly 30% reduction in carbon emissions from power plants, manufacturers, cars and trucks by 2020.--Wall Street Journal:California's New Green Tax; As the world retreats from cap and trade, Sacramento signs on.
- #5 Expensive:it’s expensive at a time we cannot afford it.Ineffective: Just when Europe is moving away from climate change, CA jumps in.
- #6 IT’S A TAX!!!“AB 32 will cost consumers $135.8 billion cumulatively by 2020 and exceeds collections for Sales and Use Tax, Corporation Tax, Motor Vehicle Fees, Insurance Tax, Estate Taxes, Liquor Tax and Tobacco Tax combined.” –Boston Consulting Group
- #7 This irks me: the good that isn’t done.Valuable projects for wildlife and people that WON’T be done.
- #8 AB 32 wastes money but what really frosts me, is the value in alternatives. They government thinks we’re dumb. We’re not.Get involved. Distrust. Look deeper. Make waves. If you think you are too small to be effective, you’ve never been in the dark with a mosquito!