The Sacrmento Bee just reported that we citizens are subsidizing the CA timber industry…. including companies like Sierra Pacific Indutries owned by a billionaire!
The article “California logging industry’s $18 million state subsidy”
by Matt Weiser (email@example.com) can be found at >>http://m.sacbee.com/sacramento/db_98825/contentdetail.htm?contentguid=eNW0P9Hm&full=true#display
The report noted that “California taxpayers subsidize the logging industry to the tune of $18 million a year, according to testimony at an Assembly hearing Tuesday.The key question before the Accountability and Administrative Review Committee was whether any of that subsidy is justified.”
The article further noted that “The industry pays state agencies about $550,000 a year in permitting fees. That means the state general fund subsidizes the balance of more than $18 million a year. In comparison, the state plans to close 70 parks next year because it doesn’t have $11 million in the general fund to keep them operating.”
Environmental groups testified that that clearcut logging causes habitat loss and water pollution and that the industry should cover all of the state’s cost to police those problems.