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June 2, 2005

Schwarzenegger Promotes Carbon Cuts, Acknowledges Environmental Problems

schwartzenegger.gifDeviating from the GOP party line, California guv Arnold Schwarzenegger yesterday proclaimed global warming an "immenent threat" and announced statewide goals to curtail greenhouse gas emissions.

The new goals, like the governor's huge solar initiative will likely leverage the power of the California market to influence major changes nationwide. Despite possible initial costs, the effect on businesses should be ultimately positive for innovators and companies which emphasize efficiency.

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