Nov 04 2008
CA: Prop 10 - The California Renewable Energy and Clean Alternative Fuel Act
Proposition 10 will create a five billion dollar fund to help subsidize consumers who purchase alternative energy vehicles. Yes, you heard it right. The state will pay people to buy cars.
*golf clap*
We all want to jump off the petreoleum bandwagon and into the clean and renewable energy cycle, but the state shouldn’t have to give us an incentive to do so. The decision to purchase a clean car should be up to the individual. They should calculate the cost of fuel and maintenance of a regular car compared to the clean car to decide whether or not to make the purchase.
The fund is not limited to subsidizing car owners; a quarter of the fund will go towards companies researching ways to produce clean vehicles with no expectation of return to taxpayers. Another twenty-five million will go towards educating people about the wholesomeness of purchasing clean vehicles.
Proposition 10 will basically fund the research, production, sale and marketing of car companies pimping their new product.
2 Responses to “CA: Prop 10 - The California Renewable Energy and Clean Alternative Fuel Act”
[...] Read the original post: CA: Prop 10 - The California Renewable Energy and Clean Alternative Fuel Act [...]
[...] Prop 10 - The California Renewable Energy and Clean Alternative Fuel Act failed with 5,602,652 (60%) NO votes to 3,761,970 (40%) YES votes. The car industry will need to find another source of investment money to fund their research, production, marketing and sale of clean energy vehicles. [...]