Californians to pay $600 mln for green think tank
Sat, 04/12/2008 - 07:21
LOS ANGELES (Reuters) - California electricity and natural gas customers will be charged $600 million over the next 10 years to fund a green think tank, the California Public Utilities Commission unanimously voted on Thursday.
A surcharge to monthly power and gas bills will fund the California Institute for Climate Solutions, linked to the University of California. The surcharge will be tacked on customer bills of investor-owned utilities and not of municipal utilities in Los Angeles and Sacramento.
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