Friday, April 11, 2008

Californians' power bills to bankroll climate institute

Here.

Excerpt:
Are you willing to pay 12 to 30 cents more a month on your utility bill for an institute coordinating energy and climate change technology research across the state?

Actually, you don't have a choice. The California Public Utilities Commission on Thursday unanimously approved the $600 million California Institute for Climate Solutions, which will be paid for by money from ratepayers' monthly electric bills, to the tune of $60 million a year.

The institute aims to speed up research into cutting greenhouse gas emissions, such as auto exhaust, that contribute to pollution. This work is already under way at laboratories as well as universities such as University of California, Berkeley, and Stanford. The idea is that the institute will help the various entities work together.
Update: Another related post is here.

1 comment:

Anonymous said...

I always love the "it's just $0.10 to $0.12 a month for the average rate payer" argument. That only applies to tax increases though. If anyone was proposing a tax decrease of an equivalent amount, what do you think the government's response would be?