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Recommendation on Prop 70 (2018)
NO on Prop 70: Greenhouse Gas Reduction Reserve Fund.
This measure would add a requirement that two-thirds of legislators approve the first appropriation of any money collected from the sale by CARB (California Air Resources Board) of cap-and-trade allowances after 2024. At a time that we need efficient and effective investments in climate change solutions, this requirement could lead to deadlocks, inefficiency, and poor decisions.
Vote No on Proposition 70, No to Big Oil, a coalition of environmental groups!
The LWVC Education Fund has provided an unbiased explanation of this ballot measure to help voters make informed decisions. Visit the link below for more about this measure.