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Thursday, October 9, 2008

What's up oil tycoon T. Boone Pickens sleeves? In CA, it's not so pretty

A unified front of Labor organizations, League of Women Voters, the California Chamber Of Commerce and many others has stepped up against CA Proposition 10, which they describe as "Texas oil tycoon T. Boone Pickens' money grab at the taxpayers' expense."

From Calitics:
Prop 10: Building a Coalition of Everyone: Californians Against the Pickens Raid
Well it's about time that some of California's big groups got around to mentioning that Prop 10 is an enormous giveaway to T. Boone Pickens and the natural gas companies. A bit later this morning (10AM to be precise), a big group of folks will be gathering on the West Steps of the Capitol to let T. Boone and the gang that he can't raid our coffers so easily. They're dubbing it the "Coalition of everyone." And really, it is quite a diverse coalition, including the CA Labor Federation, CA Nurses Association, the CA Federation of Teachers, the League of Women Voters and the CA Chamber of Commerce.

The group describes Prop 10 as "Texas oil tycoon T. Boone Pickens' money grab at the taxpayers' expense." And, bingo, bango, bongo, that's exactly what it is. T. Boone, the leading funder of the Swiftboating of John Kerry in 2004. Basically, Pickens wants the state to get thousands of natural gas cars on the road and help from the state to build a bunch of natural gas fueling stations. How is it in our best interest to spend billions on a technology, while admittedly cleaner than gasoline, is an unrenewable fossil fuel? It's searching for answers in the past. We need to look forward to build a sensible renewable policy, not give away money to natural gas barons.

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