Are Californians on the verge of undoing the idiotic and disastrous energy law?

A coalition of businesses, financed largely by three Texas oil companies, is funding a ballot petition that would delay the law until California’s current unemployment rate is cut by more than half.

Leading Republican gubernatorial candidate Meg Whitman has vowed she would suspend the law on her first day in office, which she would have the authority to do.

Even Schwarzenegger, who has staked his legacy on environmental issues, has begun urging air regulators to take a go-slow approach. But he has vowed to fight the ballot initiative.

The possibility that a state that has set the national agenda on environmental change for decades might shelve its highly publicized climate regulations could have ramifications beyond California’s borders. In Congress, lawmakers are struggling to craft a national climate bill that uses California’s as a template, but are facing headwinds of their own.

“This could very well be an effort to focus on California with the goal of delaying federal legislation,” said state Sen. Fran Pavley, D-Agoura Hills, one of the law’s authors.

While it might have that great side effect, no, it’s an effort to focus on the insanity that has been coming out of Sacramento for years that’s been destroying the California economy and chasing productive individuals and businesses out of the state.

Even if you believe in AGW, this law never made any sense. It would have a negligible effect on global CO2 emissions, while putting the state economy, once larger than that of most countries, at a competitive disadvantage with not only all the other states, but much of the world. Texas has been laughing at us, and with great justification.

I can’t wait to see the end of the governator. The best that can be said about him at this point was the best that could be said of him at the time he was first elected — he wasn’t Gray Davis.