To make a conscience decision at the pump consumers should feel the $$$ of consumption.
The real story is California's grave addiction to OIL... They want someone else to pay the bill for it.If any consumer feels more taxation is an answer, they clearly are a political victim who has been "green washed".
Prop. 87 it solves nothing for consumers... if big oil can not pass on tax they will just bring in more outside oil. Dahhh....
This money will end up spent in the following big interests (NOT consumers) - State politicians, Ethanol, Big power & light, Top Automakers.
Just stop an think for a minute WHO creates - Alternative fuel infrastructure? Renewable energy? BioFuels?
Right-I already answered that.
Read this bill and see who gets the $$$ (Big oil is still the winner under Prop. 87)
It would spend $4 billion to fund a new state bureaucracy of 50 political appointees that is not required to produce results or be accountable to taxpayers...
# 57.5 percent for incentives to: purchase alternative fuel vehicles; encourage producers to supply alternative fuels; create alternative fuel infrastructure (fueling stations); provide research grants and loans for alternative fuels and vehicles. Adding just more quick fixes and glutton abuse of fuels
# 26.75 percent for grants to improve the economic viability and commercialization of renewable energy and energy efficiency technologies.
# 3.5 percent for public education campaigns, oil market monitoring and general administration (roughly 2.5 percent of total revenues for administrative costs).
# 2.5 percent to train students to work with new alternative energy technologies.
# 9.75 percent for incentives to fund the start-up costs and accelerate the production and distribution of petroleum reduction, renewable energy, efficiency, and alternative fuel technologies and product
# 26.75 percent for grants to improve the economic viability and commercialization of renewable energy and energy efficiency technologies.
# 3.5 percent for public education campaigns, oil market monitoring and general administration (roughly 2.5 percent of total revenues for administrative costs).
# 2.5 percent to train students to work with new alternative energy technologies.
# 9.75 percent for incentives to fund the start-up costs and accelerate the production and distribution of petroleum reduction, renewable energy, efficiency, and alternative fuel technologies and product
Quick facts on both ends
- California is the number one oil-consuming state. Fifty percent of the state's imported oil comes from Saudi Arabia and Iraq.
- California consumers pay among the highest gas prices in the nation.
- California air quality is the second worst in the nation. Pollution from gas powered vehicles is responsible for hundreds of thousands of cases of asthma and lung disease each year
- Prop. 87 prohibits oil companies from raising gas prices to pass the tax on to consumers (ONLY on CA produced oil-read the fine print).
- It provides consumers with rebates to buy clean cars and use clean energy (already provided!).
- It will make oil companies pay for cleaner energy, create thousands of jobs, and reduce air pollution (no oil companies will just buy outside oil).
- Prop. 87 is not the way to advance needed energy alternatives.
- It allows the Authority to operate outside the state budget review process and the normal checks and balances that govern other agencies.
- It allows the sale of billions of dollars in bonds it may not be able to repay and could force a state bailout at taxpayer expense.
- Prop 87 does not require all the new taxes to be spent in California, much less in the U.S.
- Economists report that higher taxes on in-state oil production would reduce in-state oil production and increase dependence on oil from the Middle East.
Supporters - Californians for Clean Energy, 323-782-1045, www.yeson87.com
Opponents - Californians Against Higher Taxes, No on 87, 650-340-0262, www.noOilTax.com
