Proposition 87: The CA Clean Energy Initiative
Proposition 87 will direct $4 billion to reduce California's dependence on gasoline and diesel by 25% over the next 10 years. The effort will be funded by oil drilling fees paid by oil companies not by consumers.
Prop 87 will reduce our use of oil by expanding the use of existing technologies, funding the development of improved and new technologies, and brings alternative fuel and energy technologies to the market faster.
Prop 87 will provide financial incentives to make clean energy options more affordable in order to expand their use. By reducing oil consumption, Prop 87 will reduce pollution that causes global warming, asthma, lung disease and cancer.
California deserves its fair share. Currently, oil companies pay California almost nothing to drill, while they pay billions of dollars in drilling fees to every other oil producing state. Prop 87 will set California’s oil drilling fees at levels similar to those in Oklahoma, Alaska, and Texas at no cost to consumers and with no increase at the pump. The California Attorney General has confirmed that Prop 87 makes it illegal for oil companies to raise gas prices or to pass the cost of the fee to consumers.
Prop 87 will fund:
- Consumer rebates for the purchase of alternative fuel vehicles
- Incentives for increased use of wind, solar and other renewable energies
- Assistance to local governments to upgrade public vehicle fleets (emergency, school bus, waste disposal, mass transit)
- Matching funds to make new technologies available to the public by clearing hurdles such as engine certification, crash-testing, and Underwriters’ Laboratory approval
- An alternative fuel infrastructure (filling stations, etc.)
- University research
- Workforce training
The California Energy Alternatives Program Authority will oversee Prop 87 funds. The nine-member Authority will consist of business, environmental, energy, and public health experts. As a state agency, it will be bound by existing conflict of interest, open meeting and competitive bidding laws. Prop 87 contains additional accountability, conflict of interest, and competitive bidding provisions.
Prop 87 is supported by the American Lung Association of California, the Coalition for Clean Air, the Foundation for Taxpayer and Consumer Rights, Nobel Prize winning scientists, university researchers, and environmental, consumer, local government and public health organizations. For a full listing of Yes on 87 endorsements and supporters, click here.
Contact the Yes on 87 Campaign:
Yes on 87, Californians for Clean Energy
P.O. Box 67205
Los Angeles, CA 90067
General inquires: (323) 782-1045 or info@yeson87.com
Press inquires: (323) 782-1045 or yusef@yeson87.com
Press inquires: (323) 782-1045 or beth@yeson87.com
Website inquires: (323) 782-1045 or phillip@yeson87.com
