Take Two for February 19, 2013

Prop 39: Where will the money for energy efficiency go?

Clean Energy Schools

Rich Pedroncelli/AP

Billionaire Tom Steyer, the chief financier behind the Proposition 39 campaign, discusses a proposed bill to fund energy efficiency projects at schools in California's poorest communities, during a news conference at Mark Twin Elementary School in Sacramento, Calif., Tuesday, Dec. 4, 2012. The bill, co-authored by state Sen. Kevin de Leon, D-Los Angles, right, and Senate President Pro Tem Darrell Steinberg, D-Sacramento, would use money from last month's voter approved initiative, Proposition 39, that requires $500 million for five years be used for clean air project.

California is set to create the nation’s most ambitious energy makeover for public buildings. That’s because Californians overwhelmingly passed Proposition 39, which closes  a corporate tax loophole and funnels much of the money to energy efficiency upgrades.

The details, however, have been left to state lawmakers and, not surprisingly, there's disagreement over where the funds will go.

The California Report's Rachel Dornhelm has the story.


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