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Amid budget shortfall, lobbyists push for multibillion-dollar climate bond

Posted on AllSides June 10th, 2024
From The Left

Dozens of environmental groups, renewable energy companies, labor unions, water agencies and social justice advocates are lobbying state lawmakers to place a multibillion dollar climate bond on the November ballot. Sacramento lawmakers have been bombarded with ads and pitches in support of a ballot proposal that would have the state borrow as much as $10 billion to fund projects related to the environment and climate change. “Time to GO ALL IN on a Climate Bond,” says the ad from WateReuse California, a trade association advocating for projects that would recycle...

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https://latimes.com/environment/story/2024-06-10/environmentalists-push-bond-amid-california-budget-shortfall

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