Clearly, high energy prices will have a large negative effect on the California economy and could possibly drag the rest of the nation into a recession.
Sentiment: NEGATIVE
Right now, every American is affected by high energy prices. Working families, small businesses and consumers across the country are feeling the pinch with no end in sight.
As the economy grows, so will the demand for energy.
Californians are worried about whether they will have a job along with ballooning federal spending and deficits.
I think the cost of energy will come down when we make this transition to renewable energy.
When you increase the cost of energy, jobs go elsewhere.
There's no question that California, in the last three or four years, has been privileged to add disproportionately to the economic growth of America, and to contribute to its technological productivity.
For people who live in the suburbs and must commute long distances to work, their wealth will sink as energy prices rise.
California is going to take themselves off the cliff culturally and economically, fiscally. They are going to be at the trough in Washington wanting a bailout.
The shift to a cleaner energy economy wont happen overnight, and it will require tough choices along the way. But the debate is settled. Climate change is a fact.
To say that people would cease to come to California if they would have to pay more taxes is to underestimate the advantages of being in California - mightily.
No opposing quotes found.