Despite the state’s deep economic wounds, California’s Governor Jerry Brown last month signed SB 2X that increased the state’s already ambitious renewable portfolio standard (RPS) goal from 20% to 33% by 2020. Together with the state’s Global Warming Solutions Act of 2006 (AB 32), which requires caps on greenhouse gas emissions starting next year, the new law will push up the price of electricity and further delay the Golden State’s economic recovery by permanently driving away businesses and manufacturing jobs.
Worst-Run State: Kentucky, then ….
Last October, 24/7 Wall St., a financial news and opinion electronic newsletter, ranked the best- and worst-managed states in America. The best-run state was Wyoming, which received high marks in just about every category. Wyoming is also the least-populous state, perhaps hinting at one reason for its success.…