Election 2024: California voters likely to decide whether to spend billions to defend state against fires, floods and heat waves ‘Climate bond’ moving through Legislature, could be one of the largest environmental measures ever put before voters

Massive forest fires. Deadly floods. Record heat waves. Historic droughts.

Over the past decade, California has repeatedly experienced the destructive impacts of climate change — “weather on steroids” — costing billions of dollars in damage and claiming dozens of lives.

Now, in what may be the largest environmental measure ever placed on a state ballot in California, lawmakers in Sacramento are drafting a $15 billion “climate bond” for next year’s elections to test whether voters are willing to open their wallets to harden the state’s defenses.

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