Businessweek – August 6, 2010
SACRAMENTO, CALIF.
An initiative seeking to suspend California’s landmark global warming law is attracting more money than any other proposition on the November ballot, according to campaign-finance reports filed Monday.
Environmentalists and oil companies are facing off in the battle over Proposition 23, which seeks to delay regulations on greenhouse gas emissions until California’s unemployment rate, now at 12.3 percent, falls to 5.5 percent and stays there for four consecutive quarters.