Governor, legislature, PG&E praise California
agreement to combat global warming
August 31, 2006
California Governor Arnold Schwarzenegger yesterday announced
an agreement with the California Legislature on legislation combating
San Francisco based Pacific Gas & Electric (PG&E) applauded
the adoption of Assembly Bill 32 which sets the California model
for caps on fossil fuel carbon dioxide emissions.
"Today, I am happy to announce we have reached a historic
agreement on legislation to combat global warming.
"We can now move forward with developing a market-based
system that makes California a world leader in the effort to reduce
carbon emissions," reported the governor.
"The success of our system will be an example for other
states and nations to follow as the fight against climate change
continues. AB 32 strengthens our economy, cleans our environment
and once again, establishes California as the leader in environmental
PG&E chairman, chief executive officer, and president Peter
A. Darbee quickly released a statement of support.
"We applaud Governor Schwarzenegger, Speaker Nunez, Assemblywoman
Pavley and Senate President pro tem Perata for their leadership
and for crafting an historic bill," noted Darbee.
"We're supporting this legislation because we are convinced
that climate change is an urgent problem and action is needed
"By combining market-based mechanisms and enforceable emissions
reductions, this bill strikes the right balance between improving
the environment and protecting the economy.
"PG&E believes that California's leadership on climate
change will help advance federal legislation, which is urgently
"We look forward to continuing to work with California's
leaders on this critical issue," Darbee concluded.
The plan provides flexibility, Schwarzenegger stated.
"Throughout the negotiations, my primary concern was that
the Legislature passed a bill that provided the flexibility to
address unforeseen circumstances. AB 32 will ensure that the state
can make adjustments throughout its implementation," said
"When I ran for office, I promised to not only help protect
the environment, but also help turn back the clock to make sure
that the environment we leave for our children is better than
the one we have today. The state is the 12th largest carbon emitter
in the world despite leading the nation in energy efficiency standards
and its lead role in protecting its environment. Reducing greenhouse
gas emissions is an issue we must show leadership on.
"It's amazing the work that can be done for the people of
California when Democrats and Republicans work together. I want
to thank Assembly Speaker Fabian Nunez, Senator Don Perata and
Assemblymember Fran Pavley for the hard work they have put in
to make this agreement something we can all be proud of."