conclusion…
The total AB 32 cost of $182.649 billion in lost output is one and a half times the total
budget for the state of California. Given that the total gross state output of $1.8 trillion for
California in 2008, the total lost output from AB 32 costs to small businesses is almost
10%. Accordingly, the total cost of AB 32 is $49,691 per small business in California.
