Environment & Energy Report

California Mulls $4.1 Billion Bond in 2020 for Climate Risks

Nov. 18, 2019, 6:12 PM

California lawmakers may ask voters next year to support a $4.1 billion bond measure to help gird against wildfires and drought, as the state grapples with a changing climate fueling the severity of the blazes.

The state’s senate is working on the measure, which must pass the legislature to reach the November 2020 ballot. At the end of the legislative session in September, Governor Gavin Newsom said passing a “wildfire resiliency bond” was on his agenda. The legislature will reconvene in January.

The measure “will help communities invest in climate resiliency—including preventing wildfires and preparing for droughts,” Senate President Pro...

To read the full article log in. To learn more about a subscription click here.