Why is Schwarzenegger going to veto the green energy bill?



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    From the office of the governor:
    The poorly drafted, overly complex bills passed by the Legislature are protectionist schemes that will kill the solar industry in California and drive prices up like the failed energy deregulation of the late 1900s.
    “Schwarzenegger’s solution — remember he supports the higher renewable energy goal in principle — is to mandate the change through executive order.”
    Reuters reports that the Governor is under pressure from some small energy producers and from smaller local utilities to veto the bill. They feel that some parts of the bill would threaten some solar power projects currently in development. More simply, “His reasoning is that the bill demands that the renewable energy all come from in-state sources, which he finds untenable.”

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