05/03/2024

Opinion: Tom Steyer’s Stimulus, A California green scheme fails to create jobs or save energy

How many workers does it take to change an incandescent light bulb in California? Two. One to install its energy-efficient replacement, and another to ensure the job complies with government regulations. Behold Tom Steyer’s green jobs stimulus, which a new report from the Associated Press shows has been a colossal failure even by its proponents’ standards.

In 2012 the hedge-fund billionaire bankrolled a California ballot initiative (Prop. 39) hitting up corporations to finance green construction jobs. The referendum…

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