Prop 16 Defeated

Prop 16 was a California ballot measure designed to make it harder for local governments to get into the market as electricity sellers.  A CLEE White Paper provides a comprehensive analysis of the proposal.  Prop 16 was defeated by 52-48%.  PG&E and its parent company had spent $46 million to push the measure, while opponents spent virtually nothing.  Apparently vote buying has its limits, even in the bizarre world of California popular democracy.

California OLD, electric, Prop 16