Articles by Gino DiCaro

PRESS RELEASE The California Air Resources Board's (CARB) cap-and-trade auction will create needless costs for employers at a time when our state must compete, scrap, wrangle, advocate and fight for every high-wage job we can get. These costs will seriously hamstring our ability to grow.  What most people don't know is that CARB is asking employers to pay for far more emission credits than are needed to reach our goals.  California will reach it's 1990-level greenhouse gas emissions without th...

California lost another 2,200 manufacturing jobs in March, according to today's Labor Market Information Department (LMID) report. After a 33 percent loss of the state's industrial base over the last decade, the larger concern is an emerging trend in the country's manufacturing growth numbers. Over the last two years, California has increasingly lagged the U.S. in terms of new industrial jobs. Since 2010 the U.S. grew it's manufacturing employment by 4 percent and a total of 470,000 jobs, while...

Only time will tell how much AB 32 will actually cost California. Since our landmark global warming bill passed in 2006 there has been no shortage of guessing about the costs and benefits of mandating greenhouse gas reductions on California's economy. Now all the rules are in place and experts are sharpening their pencils and assessing the outlook. The most recent regulation, cap and trade, requires manufacturing facilities, refineries, and large public agencies to hold “allowances” for their e...