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New 3p Series: The Business Case Against California Proposition 23

Leon Kaye | Monday September 27th, 2010 | 2 Comments

With six weeks to go, the fight over Proposition 23, titled the California Jobs Initiative, will be close.  Prop 23 will overturn California’s AB 32, The Global Warming Solutions Act of 2006.  Sponsors and supporters of the initiative claims that Prop 23, which will freeze AB 32’s provisions until California’s unemployment rate stays at 5.5% or below for four consecutive quarters; opponents point to its funding by out-of-state interests and energy companies, and say AB 32 will benefit California in the long run because of the new companies that will invest in the state, creating high paying jobs.

Both sides of the Prop 23 debate have attracted interesting personalities to their cause.  Some notable proponents of the initiative are Republican gubernatorial candidate Meg Whitman, the State Buildings & Construction Trades Council, the National Petrochemical and Refiners Association, and the Koch brothers.  Leaders of the opposition to Prop 23 include Governor Arnold Schwarzenegger, Ronald Reagan’s Secretary of State George Schultz, many Silicon Valley venture capital firms, and the Teamsters.

During the next several weeks, we will run guest postings from leaders in industry, government, academia, non-profits, and the investment community.  We look forward to a hosting a conversation full of vigor on Prop 23, and will bring up several points of view on a very important and contentious initiative that could set the tone for the future of clean energy beyond California’s borders.  EOS Climate is sponsoring the series.

If you are a stakeholder in this debate, and are interested in contributing a guest post, we would like to hear from you.  Please send an email to Leon Kaye with a brief explanation of your take on Proposition 23 and how it could affect your organization or community.  We look forward to hearing your point of view.

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Our Propostion 23 series is made possible by EOS Climate – a producer of high-quality, verified emission reductions (VERs) generated from the destruction of ozone depleting substances (ODS). Please thank them for their support!


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  • http://www.nds-gear.com R4DS

    Looks like an indirect way to solve what is really a direct problem – the economy. Why go through loopholes to make law when simply being better would work just as well?

  • http://www.brightstarsolar.net MA Solar Installer

    Prop 23 is bad for everyone. California is the leader for renewable energy policies and innovation. Instead of moving the country forward toward clean technology and farther away from fossil fuels, we would be rolling back the clock and using the same old excuses of “it’s not the right time” or “we just don’t have the money.” With news that China has surpassed the U.S. to now be the top producer of renewable technologies, this is not the time for our country to step backward.