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SB 488: Worst Business Bill of 2013 Legislature

April 17, 2013

Prosperity-project
By Oregon Prosperity Project

Senate Bill 488 is the Costliest Legislation of All

Our First Pillar of Prosperity is to create jobs and grow incomes for Oregonians.

Now that nearly all of the legislation has been introduced for the 2013 Legislative Session, we can say that SB 488 poses the biggest threat to Oregon’s economy, job creation, and income growth.

This week, the Senate Environment and Natural Resources Committee held its first hearing on whether to move forward with SB 488, which would implement a Low Carbon Fuel Standard (LCFS) in Oregon.

Only California has implemented such a standard to date.  But California’s law was ruled unconstitutional by a federal judge, which leaves Oregon all alone as the only state to have this costly regulation.

There is strong evidence, based on available research and analysis, that the limited benefits of an Oregon-only regulation are not worth the cost to the state’s consumers, businesses and jobs.

The regulation is strongly opposed by Oregonians of all stripes – Chambers of Commerce, labor unions, business, agriculture, trucking, fuel providers, construction companies, service station owners and motorists — because the likeliest outcome is that it will increase gasoline and diesel costs by between $0.33 and $1.06 per gallon and lead to thousands of jobs lost across Oregon.

This is a pure tax on everyday Oregonians and businesses.

Find Out More About SB 488

Kill Oregon’s Low-Carbon Fuel Standard”  – Oregonian editorial (Nov. 5, 2012)

  
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Discuss this article

Bob Clark April 17, 2013

Oregon and its safety net do not need the Low Carbon Fuel standard, particularly at this time. Great progress is already happening in fuel efficiency across the U.S, and Oregon is already spending scarce government dollars on non fossil fuel energy sources. What’s more Oregon replants its forests and then some, providing a carbon sink against in-state man-made emissions. Oregon is also closing its only coal fired power plant in 2020.

If we were in the roaring economic times of the 1990s, we might turn up the notch a bit on environmental offsets (such as Low carbon fuel standard). But we are hardly any where’s near the 1990s economy, and so highest priority is getting young people good valued added jobs and speeding the economy so as to afford a safety net of public services and education (which actually the safety net becomes less strained as more value added jobs relieve impoverishment.

Brian Owendoff April 17, 2013

Oregon’s U6 unemployment is among the highest in the nation @ 17%. Salem passing SB 488 will push unemployment above 20%. Unemployment is a weapon of mass destruction.

The private sector is stepping up with more fuel efficient cars & trucks.

Quality of life begins with a job. SB 488 kills jobs.

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