Mitsubishi Cement Corp. expanding Long Beach operations
With the economy improving, demand for cement is on the rise.
In order to meet new demand for the construction material, companies are increasingly turning to imports in the wake of environmental regulations that make it expensive to produce in Southern California.
Biggs said California cement producers’ abilities to meet expected increases in demand for raw materials are constrained by a state law that created a cap-and-trade program designed to limit greenhouse gas emissions resulting from industrial processes that include cement production or refining. Essentially, the law imposes an emissions “cap” on firms that can “trade” for credits that must be paid for in order to produce emissions that exceed the state’s allowances.
The California Air Resources Board has said the law is intended to create a financial incentive for firms to seek cleaner technologies.
Biggs, however, said it has effectively made it too expensive for cement companies to build new production facilities.
As usual, "good" intensions give way to economic reality, and more good paying jobs are lost.
Should Progressives be forced to explain, or is job loss and government dependence a worthwhile objective to be applauded?