It’s been known since the beginning of the campaign against AB32 that most of the money in support of Proposition 23 has come from two out-of-state oil companies, Tesoro and Valero. Now, according to Todd Woody, writing in Grist.com, “the No forces are tapping out-of-state donors.”
On Thursday, they got $250,000 from New York investor Nicolas Berggruen. Berggruen is head of Berggruen Holdings, which has made investments in wind energy projects.
Also last week, Nancy Burnett of Lummi Island, Wash., deposited $100,000 in the anti-Prop 23 coffers. Burnett is a daughter of David Packard, co-founder of Silicon Valley tech giant Hewlett-Packard, and a supporter of Democratic candidates.
And this week, David Bonderman, a Texas investor with TPG Capital, donated $7,500.
Woody also quotes Lawrence Goldenhersh, CEO of Enviance, a California firm that sells environmental compliance software, who calls the election “the Normandy Invasion of climate change:”
“If AB 32 is sustained by the voters of California, you will have the largest plebiscite in the history of the climate change debate cast by voters in the world’s seventh largest economy,” Goldenhersh told me Tuesday. “If AB 32 survives and Jerry Brown gets elected governor I think you’ll have cap-and-trade nationally by 2013.'”
” If Prop 23 passes and AB 32 is suspended or killed then I think there will not be a lot of drive and political appetite to take on a piece of grand climate legislation in Congress,” he says. “People will say, ‘if it’s too expensive for California then it’s too expensive for a little state.'”
Read the full report here.