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Proposition 10: Alternative fuel vehicles
Adam Murphy
Issue date: 10/30/08 Section: Voter's Guide
Proposition 10, if passed, would offer $3.5 billion in rebates over the next 30 years for alternative fuel automobiles. An additional $1.25 billion would go toward solar, wind and alternative energy research. Thirty-year bonds would be sold for $5 billion with an estimated interest rate of 5 percent. The total cost of Prop. 10 would be $10 billion.
Amy Thoma, spokesperson for the Yes on 10 campaign:
"We think that people should vote yes on (Proposition 10) because it will help Californians reduce their dependence on foreign oil and get more power generation from solar and wind."
Mark Toney, executive director of The Utility Reform Network, one of the groups that oppose Proposition 10:
"Do they want to pay more for heat and electricity? And do they want to add to the California state budget crisis and require millions of dollars for bonds to be taken out during an economic crisis?"
Amy Thoma, spokesperson for the Yes on 10 campaign:
"We think that people should vote yes on (Proposition 10) because it will help Californians reduce their dependence on foreign oil and get more power generation from solar and wind."
Mark Toney, executive director of The Utility Reform Network, one of the groups that oppose Proposition 10:
"Do they want to pay more for heat and electricity? And do they want to add to the California state budget crisis and require millions of dollars for bonds to be taken out during an economic crisis?"
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