
The state's Legislative Analyst's Office (LAO) today released a report further discrediting a $54,000 oil-sponsored study that falsely exaggerated the costs of AB 32; California's clean energy and air pollution standards law. The discredited study is the foundation for an oil-funded ballot initiative to roll back implementing the law.
Documents filed on Friday show that several out-of-state oil companies including Tesoro and Valero Energy Corp working with the conservative Howard Jarvis Taxpayers Association (Prop 13) are the prime movers behind a California House Republican’s attempted roll-back of AB 32, predicated upon the findings in the study.
Valero has been found to be one of the worst polluters in the U.S. and even during the Bush administration, in 2005, was hit with $711 million in EPA fines.
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