Pro/Con: Is Prop. 4 climate bond a smart move or just too expensive?
Proposition 4 would allow the state to borrow $10 billion by issuing bonds bonds for natural resources and climate activities. Individual proposals include efforts to ensure safe drinking water, strengthen drought, flood and water “resilience,” increase clean energy production, address sea level rise, create parks and outdoor access, provide heat mitigation or fund wildfire prevention programs.
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