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**interbaoui** · 07-03-2010, 06:00 AM

On May 22, 2006 in Santa Monica, Angelides announced his support for Vinod Khosla's Clean Alternative Energy Initiative (prop. 87) which, if enacted, would assess oil company profits by $4,000,000,000 over the next ten years and use the proceeds to invest into research for alternative energy such as ethanol. The measure makes it illegal for oil producers to pass the cost onto consumers.[26]

07-03-2010, 06:00 AM	#3
interbaoui Join Date Oct 2005 Posts 447 Senior Member	On May 22, 2006 in Santa Monica, Angelides announced his support for Vinod Khosla's Clean Alternative Energy Initiative (prop. 87) which, if enacted, would assess oil company profits by $4,000,000,000 over the next ten years and use the proceeds to invest into research for alternative energy such as ethanol. The measure makes it illegal for oil producers to pass the cost onto consumers.[26]
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