Wednesday, February 2, 2011

Big Government outspent big oil almost 4 to 1 in California to win lucrative cap and trade deal

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1/31/11, "
$46M spent on failed Calif. global warming measure," AP, MercuryNews.com

"More than $46 million was spent for and against a failed November ballot measure that would have suspended California's landmark global warming law, according to campaign finance reports filed Monday.

Out-of-state oil companies and their supporters

  • spent $10.5 million promoting Proposition 23, while

  • opponents spent more than $36 million.

The initiative would have suspended the state's 2006 greenhouse gas reduction goals until California's unemployment rate, now 12.5 percent, drops to 5.5 percent and holds there for a year. That has occurred just three times in three decades.

Voters defeated Proposition 23 by a margin of 61.6 percent to 38.4 percent."...

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via Real Science via Climate Depot

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