Saturday, October 16, 2010

Texas oil companies attempt to stop California's climate law

The strongest global warming law in the country is California's AB32. Two Texas oil companies, Valero and Tesoro, are funding a campaign to overturn the law before it takes effect. They rounded up enough signatures for a ballot initiative, Prop. 23, misleading labeled the "California Jobs Initiative." They are expected to spend more than $50 million bankrolling the campaign.

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