By Marc Joffe : cato – excerpt
Passing laws, adopting regulations, and spending money to fight climate change are popular activities for both elected and unelected officials in the San Francisco Bay Area. But since they only govern 2.3 percent of the U.S. population, their ability to turn the tide on greenhouse gas emissions is limited. Instead, their costly and coercive policies drive up the area’s cost of living and help drive out residents.
In a previous post I described some of the high cost, low ridership Bay Area transit projects that raise local sales taxes while replacing only a handful of car trips. Since I last wrote, we have learned that San Francisco’s new $2,000,000,000 Central Subway is afflicted by serious water intrusion issues, making the travel experience less appealing for the roughly 1,000 passengers that use the Chinatown station each day.
More recently, local lawmakers have declared war on natural gas, an energy source that used to be popular with some environmentalists because it burns more cleanly than other fossil fuels. But now the intention is to fully embrace electricity even though California is unwilling to add nuclear generating capacity and lacks the enormous number of solar panels and windmills needed to fully power the state…(more)
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