Should California establish a $4 billion Clean Alternative Energy Program to reduce California's oil and gasoline consumption by 25 percent through incentives for alternative energy, education, and training?
Establishes $4 billion program to reduce petroleum consumption through incentives for alternative energy, education and training. Funded by tax on California oil producers.
Put on the Ballot by Petition Signatures
State oil tax revenues of $225 million to $485 million annually for alternative energy programs totaling $4 billion. State and local revenue reductions up to low tens of millions of dollars annually.
- A YES vote on this measure means:
- The state would impose a
tax on oil production
to support $4 billion in
expenditures to develop
and promote alternative
energy technologies and
promote the reduction
of petroleum use.
- A NO vote on this measure means:
- The state would not impose a tax on oil production
to fund these activities.
- Summary of Arguments FOR Proposition 87:
- Vote YES on Prop. 87 and make oil companies
pay their fair share for
cleaner, cheaper energy. Oil
companies pay billions in
oil drilling fees in Alaska
and Texas--but almost
nothing in California.
Prop. 87 makes oil
companies pay and
makes it illegal to pass
the cost to consumers.
Full Text of Argument In Favor,
Rebuttal
- Summary of Arguments AGAINST Proposition 87:
- $4 BILLION oil tax increase! HIGHER
GAS PRICES. HUGE
BUREAUCRACY, LACKS
ACCOUNTABILITY.
No requirement they
produce results. DENIES
REVENUES to SCHOOLS.
We need alternative energy,
but Proposition 87 is not
the way to get there. CA
Taxpayers' Association, small
business, labor, schools,
police, firefighters, farmers,
Auto Club say: Vote NO.
Full Text of Argument Against,
Rebuttal
- Contact FOR Proposition 87:
- Yes on 87
Californians for Clean Energy
6399 Wilshire Blvd., Suite 1010
Los Angeles, CA 90048
(323) 782-1045
info@yeson87.com
http://www.yeson87.com
- Contact AGAINST Proposition 87:
- Californians Against Higher Taxes--No on 87, a coalition of taxpayers,
educators, schools, public safety offi cials, businesses, labor, energy producers, agriculture, and seniors.
111 Anza Blvd., Suite 406
Burlingame, CA 94010
(650) 340-0262
info@NoOilTax.com
http://www.NoOilTax.com
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- Cal-Access
- how much money is being raised and spent on Prop 87
Around the Capitol - Election Track
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League of Women Voters of California Education Fund
Fail:
3,372,394 /
45.3% Yes votes ......
4,079,106 /
54.7% No votes