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Economist John Husing Promotes Fracking for Job Growth

By   /   May 12, 2014  /   1 Comment

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Economist offers plan to spur Inland Empire job growth

SBSun.com-Inland Empire economist John Husing is presenting legislative suggestions for lawmakers to relieve poverty in the region, linking the lack of job-creating manufacturing companies here to the instability of environmental policy and regulations in California.

In his new report, Husing cites high taxes, high energy costs, and the instability of state regulations as factors that discourage businesses from moving here and drive existing businesses out of state.

He released his findings in a new report this week at a roundtable discussion in San Bernardino, sponsored by Californians for Affordable & Reliable Energy, with Paul Granillo, president and CEO of the Inland Empire Economic Partnership, and Rob Lapsley, president of the California Business Roundtable. The goal of the meeting was to push for a more comprehensive and reliable state energy policy.

 “We do not have a comprehensive energy policy,” Husing said. “What we do is toss out an idea 30 percent of energy should be renewable, but we never look at the effect if that will be right now. There’s a bill to raise that to 40 percent. What are the unintended consequences of that kind of legislation?”

More manufacturing jobs in the region could help ease poverty here by providing employment to people seeking to break into the middle class, Husing said. The Inland Empire, Husing said, has a competitive advantage over other areas because of cheaper, available land and less expensive labor costs. But because of an unpredictable regulatory environment, and higher energy costs, manufacturing companies are staying away, Husing said.

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1 Comment

  1. Dan OBrien Dan OBrien says:

    Kern County… not San Bernardino Country!!!!

    Husing suggests further development of the hydraulic fracturing energy drilling process — or “fracking” — in the Monterey Shale formation in Kern County.

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