Proposition 87 & Ballot measures & California politics & Campaign spending 31 Oct 2006 02:31 pm
More Proposition 87 cash
The San Francisco Chronicle has an article today about Stephen Bing, the primary backer of Proposition 87. Bing has now given $49.5 million in support of the alternative energy initiative, the largest amount ever donated by a single individual to a campaign in US history.
Total spending on the Yes and No on 87 campaigns has now reached an astronomical $142 million, according to the Los Angeles Times. Most of the No on 87 cash has come from oil companies like Chevron, Aera Energy (a coalition of ExxonMobil and Royal Dutch Shell), and Occidental Oil.