SACRAMENTO, CA — The California Chamber of Commerce today tagged AB 127 (Committee on Budget) as a job killer. The bill threatens energy reliability by mandating the closure of the Aliso Canyon natural gas storage facility. AB 127 will be heard in the Senate Budget and Fiscal Review Committee today.
CalChamber has identified AB 127 as a job killer because it will eliminate jobs and place regional energy reliability at risk.
According to CalChamber’s opposition letter, the Aliso Canyon storage facility is integral to providing electricity and natural gas to Southern California. If Aliso Canyon is not operational, this could lead to a lack of capacity necessary to run the electric grid, resulting in job loss and potential public safety, health and negative economic consequences.
The ability to inject and produce natural gas from the Aliso Canyon facility is important to maintaining a reliable energy supply throughout Southern California. Moreover, the region that Aliso Canyon serves is an economic powerhouse for California.
Well over 5 million Californians work with private sector employers in various fields from aerospace and biotech to goods movement and manufacturing. The region features key industries where the impacts of energy reliability, both natural gas or electricity, would cause major disruptions and ripple through the economy, affecting goods movement and the production of transportation fuels, industrial chemicals and medical gases, among others.
Last session, the Legislature passed and the Governor signed SB 380 (Pavley; D-Agoura Hills; Chapter 14), mandating an extensive, multi-agency safety review and public hearing process to evaluate the Aliso Canyon facility. The steps required under this recently enacted law are underway. It is premature to mandate the elimination of this facility before the state agencies undertaking this extensive process have made a final decision, CalChamber argues in its letter.
To view the job killer list, visit www.cajobkillers.com.
For up-to-date information on the job killer list, follow @CAJobKillers on Twitter.
The California Chamber of Commerce (CalChamber) is the largest broad-based business advocate to government in California. Membership represents one-quarter of the private sector jobs in California and includes firms of all sizes and companies from every industry within the state. Leveraging our front-line knowledge of laws and regulations, we provide products and services to help businesses comply with both federal and state law. CalChamber, a not-for-profit organization with roots dating to 1890, promotes international trade and investment in order to stimulate California’s economy and create jobs. Please visit our website at www.calchamber.com
#####
