California Moves Ahead with 'Cap and Trade' Plan
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China, India and much of the world are increasing reliance on coal. Washington is limited by climate-change skeptics. But California has adopted a plan to reduce greenhouse emissions in the fight against global warming. Will so-called "Cap and Trade" really help clean up the air? Will it cost jobs by driving businesses to move out of state? How much more will energy cost consumers in California? On our rebroadcast of today's To the Point, is a robot waiting for your job?
Banner image: The AES Corporation 495-megawatt Alamitos natural gas-fired power station in Long Beach, California. The California Air Resources Board has enacted a "Cap and Trade" scheme to reduce greenhouse gas emissions emitted from hundreds of power plants and large industrial facilities. Photo by David McNew/Getty Images
California Takes the Lead against Global Warming ()
California's Air Resources Board has unanimously adopted a so-called "Cap and Trade" scheme to implement Assembly Bill 32, signed by former Governor Schwarzenegger in 2006. Governor Brown supports it enthusiastically, and last November, voters defeated Proposition 23, an oil-company sponsored initiative to kill it once and for all. The New York Times said last week's Board meeting "was such a well-oiled exercise in democracy and administrative procedures that the momentousness of the occasion was almost lost in the footnotes."
Should We Blame Technology for High Unemployment? ()
When two researchers at MIT started a book to be called The Digital Frontier, they were optimistic that technological innovation would increase productivity, and that would mean new jobs. But their inquiries led in a very different direction. From farms to factories, and now to the service economy, human workers are losing their jobs to machines. The "creative destruction" that used to increase employment is working the other way around: productivity is on the rise, but it's not creating many new jobs. As computers become more sophisticated, how can humans learn to compete?
Segment Image: A traveler undergoes a full body scan performed by Transportation Security Administration agents at the Denver International Airport. Photo by John Moore/Getty Images
- Andrew McAfee: MIT Center for Digital Business
- Darrell West: Brookings Institution, @DarrWest
- Harold Meyerson: American Prospect, @haroldmeyerson -
- Marshall Brain: HowStuffWorks.com
Which Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Rosalinde and Arthur Gilbert Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.
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