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Those who put Prop. 26 on the ballot will, in the future, be called heroes of the State.
Billions of taxes on energy, spent by families and small businesses will NOT see higher taxes and added costs.
"Another energy-linked law, part of the long-delayed state budget, required fees on renewable energy generators to cover some regulatory costs. It, too, was approved with a simple majority vote and is subject to elimination under Proposition 26.
By year’s end, solar and photovoltaic projects totaling more than 4,000 megawatts are expected to be approved. Currently, tax incentives for the projects will be available for those that begin construction by the Dec. 31 deadline. Another set of incentives, loan guarantees, carry a September 2011 deadline."
Now, solar and other "alternative" (costly, need subsidies to exist) energy sources will now have to play in the free market--not the government. As Arnolds' Executive Order ending the use of coal for energy in California comes into play, Jerry brown will be forced to cancel the Order or close the State. No taxes or fees means no subsidy money.
Thank you Prop. 26 for saving California.
More...
Billions of taxes on energy, spent by families and small businesses will NOT see higher taxes and added costs.
"Another energy-linked law, part of the long-delayed state budget, required fees on renewable energy generators to cover some regulatory costs. It, too, was approved with a simple majority vote and is subject to elimination under Proposition 26.
By year’s end, solar and photovoltaic projects totaling more than 4,000 megawatts are expected to be approved. Currently, tax incentives for the projects will be available for those that begin construction by the Dec. 31 deadline. Another set of incentives, loan guarantees, carry a September 2011 deadline."
Now, solar and other "alternative" (costly, need subsidies to exist) energy sources will now have to play in the free market--not the government. As Arnolds' Executive Order ending the use of coal for energy in California comes into play, Jerry brown will be forced to cancel the Order or close the State. No taxes or fees means no subsidy money.
Thank you Prop. 26 for saving California.
More...