Will the Golden State Go Green?
I've added a couple of environment-related initiatives in California to the ballot measure guide. Here's what I've added: Issue: Prop. 7, which (among ...
I've added a couple of environment-related initiatives in California to the ballot measure guide. Here's what I've added:
Issue: Prop. 7, which (among other things) would require that California utilities produce half of their energy from renewable sources by 2025.
Analysis: At least of its face, Prop. 7 would create some of the most ambitious renewable portfolio standards in the country. However, a broad coalition, including both the Democratic and Republican parties, is opposing it because they say it was poorly written and would have broad unintended effects.
Issue: Prop. 10, which would authorize $5 billion in state bonds, to pay for incentives to purchase alternative fuel vehicles and for research into renewable technologies.
Analysis: Everyone wants alternative fuels, but the price tag for this measure is causing concerns in the context of California's severe budget problems. For that reason, even some environmental groups, such as the Sierra Club, are opposing Prop. 10. Billionaire T. Boone Pickens is a major backer of this initiative.
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
The Week in Public Finance: Public Pensions Edition9 hours ago
Low Oil Prices Drain Some But Energize Most Local Economies12 hours ago
Missouri Auditor Dies in 'Apparent Suicide'13 hours ago
Border Surge Hampering Policing in Other Parts of Texas14 hours ago
81,000 Ohioans to Lose Medicaid Coverage14 hours ago
Scott Walker Says Union Protesters Prepared Him for Fighting Islamic Terrorists14 hours ago