Tag Archive for: Proposition 4

California Voters Approve Proposition 4, the Bond Measure for Water and Environmental Projects

California voters have approved a $10-billion bond measure to finance water, clean energy and other environmental projects.

Proposition 4 allocates $3.8 billion for water projects, including those that provide safe drinking water, water recycling projects, groundwater storage and flood control. An additional $1.5 billion would be spent on wildfire protection, and $1.2 billion would go toward protecting the coast from sea level rise.

Water, Wildfires, Climate: Californians Leaning Toward Approving $10 Billion Bond

Californians are leaning in favor of approving $10 billion in bonds for climate and environmental projects with substantial numbers of votes counted tonight.

Proposition 4 would fund projects across the state to safeguard drinking water, combat wildfires, protect natural lands, and improve resilience against floods and extreme heat, but some of the money is also directed toward shorter-term items like job training.

Proposition 4 Climate Bond Seeks to Avoid Future Costs with Current Investment

A bond measure on the Nov. 5 ballot that would provide $10 billion dollars for climate mitigation and resiliency projects around California gives voters a pretty stark choice, according to supporters. Pay now, or pay later.

California Voters To Take Up Climate Change With Proposition 4

Among the many questions on your California ballot this November is whether to approve a $10 billion state bond to invest in climate adaptation. Proposition 4 is one of the largest bonds on the ballot in the country this year.

The money in the bond will be used to make communities more resilient against climate change.

OPINION: Yes on Proposition 4 Now or Pay More Later

Changing climate conditions are affecting our health, lives and economy. Just consider what San Diegans endured over the last year.

In recent weeks, a prolonged heat wave kept temperatures in the three-digit range, toxic smoke migrating from wildfires up north prompted air quality alerts, and area hillsides thick with dry brush caught fire. In January, nearly 1,200 people were displaced from flooding after 150 billion gallons of rain fell in six hours.

California has Enough Debt. It Doesn’t Need $10 Billion More for a Climate Bond

Imagine using your credit card to buy something, knowing that by the time you finish paying off the debt, you’ll have spent nearly double the original price due to interest. It’s a poor financial decision most of us would avoid.

Yet this is precisely what Democrats in the state legislature are asking California taxpayers to do with Proposition 4: add $10 billion in bond debt — with billions more in interest — to pay for ambiguous, short-term, so-called “climate” programs.