Which Way, L.A.?
California Moves Ahead with 'Cap and Trade' Plan
Much of the world is increasing reliance on coal. Washington is limited by climate-change skeptics. But California has adopted a plan to reduce greenhouse emissions...
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
In this episode
2 storiesCalifornia 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.
Read the story26 minShould 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.
Read the story27 min