Gavin Newsom and Arnold Schwarzenegger couldnt have looked happier slapping backs but its Californians who suffer

Gavin Newsom and Arnold Schwarzenegger bonded this week as they celebrated the 20th anniversary of AB 32, California’s cap-and-trade — excuse us, cap-and-invest — program.AB 32 has raised the price of fuel in California by 5%, or 26 cents per gallon at current prices.Working Californians suffer most.Meanwhile, AB 32 has done nothing to help the climate.

In fact, California’s wildfires have emitted so much carbon dioxide that they have canceled out decades of emissions reductions through AB 32 and other measures.The biggest news, opinion and culture shaping California right now.

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Never miss a story And California is a negligible factor in global climate anyway, despite its large economy.So AB 32 is a failure.A big one.It is said that failure is an orphan, while success has many fathers.

But not this time.California Post News: Facebook, Instagram, TikTok, X, YouTube, WhatsApp, LinkedInCalifornia Post Sports Facebook, Instagram, TikTok, YouTube, XCalifornia Post Opinion California Post Newsletters: Sign up here!California Post App: Download here!Home delivery: Sign up here!Page Six Hollywood: Sign up here!These two fathers of California’s green agenda, Newsom and Schwarzenegger, seem eager to claim credit for a policy that continues to make life in the state unaffordable. The question is why. One answer is that Newsom’s presidential ambitions are becoming more urgent as the nation moves closer to the midterm election.Sharing a stage with Schwarzenegger is a way for him to burnish his bipartisan credentials — even though he has governed from the left.For Schwarzenegger, appearing alongside Newsom is a way to stay relevant.Few Californians have fond memories of Schwarzenegger’s terms in office. He was elected on a promise of reform, but turned and ran the moment the unions put up a fight. He left ...