Climate Bond with Offshore Wind Support Makes Ballot

The bond would authorize $475 million to support offshore wind development.

A $10 billion bond for climate-related programs will be up for voter approval in the November 2024 election. On July 3, 2024, Governor Gavin Newsom signed into law SB 867, which, if approved by the voters, would authorize the issuance of bonds to finance projects a variety of programs related to water resilience, clean energy, and climate measure. The b…