Los Angeles State Senator pleads for competitive regulatory environmentPosted by Gino DiCaro, Vice President, Communications on April 19, 2011
Why does a man in Compton, with an oil rig in his backyard and a refinery down the street, pay more for oil than a man in Honolulu?
A large part of that answer is California regulations that come without economic impact analysis.
Democrat State Senator Rod Wright recently posed that question and testified at the State Water Resources Control Board regarding their attempts to finalize very costly California-only stormwater permitting regulations.
"California is continually leading with our chin," said Sen. Wright. "I would suggest that we look at these standards and see where everyone else is going. I would like to see us take this regulation and slow down. Let's look at what Arizona, Nevada, and Oregon are doing. We can't [compete] if our regulations are so stringent."
Sen. Wright made the perfect case for the importance of economic impact analysis on these and hundreds of other bold California regs.
Don't miss his testimony below (two parts)
YouTube links (if you can't see them embedded):
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