Money Flows for PG&E Power Initiative
If money talks in politics, it positively shouts when it comes to California initiative campaigns.
Take, for example, the ongoing effort to qualify a ballot measure that would require a two-thirds vote before local governments could spend the first nickel to get into the public power business.
The effort is being run by a group with the populist-friendly name of “Californians to Protect Our Right to Vote,” although the required disclaimer adds that it has “major funding from Pacific Gas & Electric, a coalition of taxpayers, environmentalists, renewable energy, business and labor.”
Actually, that wide-ranging coalition of disparate interests is pretty much invisible, since every dollar of the $3.5 million that’s flowed into the effort so far comes from PG&E.
And where has the cash gone? Well, at least $1.5 million has been used to collect the nearly 700,000 signatures needed to qualify a constitutional amendment for the ballot, either for the June 2010 primary or the November 2010 general election.