California Prop 87 defeated

Proposition 87, which would have imposed an extraction fee on all oil company drilling in California, with the money being used to fund alternative energy projects, has been voted down by the California voters by 55 to 45 percent. The San Francisco Chronicle has some more information on the voting, along with some quotes from the For and Against camps.

So far, I haven’t seen many blog entries that discuss the defeat with anything other than grousing about how much the oil companies spent to defeat the measure. An exception is R-squared which has a very good Prop 87 post-mortem.

No tags for this post.
WordPress theme: Kippis 1.15