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Big oil companies push Prop. 26

November 1, 2010 |  9:40 am

Indybay.org
When Chevron, California's largest company, looked at how it could wield influence in this election cycle, it shunned Proposition 23, the high-profile ballot initiative to suspend the state's global-warming law. So did Shell, Conoco Phillips and ExxonMobil.

But if many of the large oil-producing companies judged the global-warming initiative as too controversial, and unlikely to succeed, they found another way to express their views. In the last two weeks of the campaign, they have poured millions of dollars into promoting Proposition 26, a measure on Tuesday's ballot that would require a two-thirds vote, rather than a simple majority, for the state Legislature and local governments to assess many fees on business.

Read more in The Times' Greenspace blog on Proposition 26.

California's climate law: What's at stake for Valero Energy Corp.?

Prop. 23: Oil giants are divided

Support for Prop. 23 drops sharply

-- Margot Roosevelt

Photo: Bay Area protesters against Proposition 23, an initiative to suspend California's global-warming law, have turned their attention to Proposition 26. That proposition, funded by oil, tobacco and alcohol companies, would require a two-thirds vote for many fees on businesses. Credit: No on 26 campaign

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