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Sierra Daily News: CA Senators Push for $10 Billion Climate Bond to Support Disadvantaged Communities Amid Budget Cuts

Three California state senators are backing a $10 billion climate bond developed by environmental and social justice groups as an alternative to a separate spending proposal moving through the Senate. This push comes just a week before the June 28 deadline to place bonds on the November ballot. Senators María Elena Durazo, Lola Smallwood-Cuevas, and Dave Cortese have called on Governor Gavin Newsom and legislative leaders to support a bond that allocates at least 40 percent of its funding to disadvantaged communities most affected by climate change — a concept known as Justice40.

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