Not the Kind of Green We Need

Summary


Proposition 10, which would fund the development of renewable energy and help consumers purchase alternative-fuel vehicles, has a certain green appeal. And after reading the details, it leaves us feeling green - green as in queasy.

The measure would provide $3.4 billion in rebates to help consumers buy vehicles that achieve high fuel economy or spew less in the way of greenhouse gases than conventional engines. It would also earmark $1.25 billion for research and production of solar and other renewable energy technology. Over 30 years, however, this bond measure would cost taxpayers $10 billion, or $335 million annually.

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Extract


Not the Kind of Green We Need

That's a sizable commitment for a state that was 85 days late in approving a b...

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