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Energy took the stage in the recent elections, from the presidential race to California's long list of ballot propositions, and the results hold immediate and long-term implications for Southern California. The approval of Proposition 39 should funnel an estimated $500 million a year for five years into energy efficiency retrofits on buildings, starting with public schools and universities. As for Proposition 39, the measure closes at out-of-state tax loophole and is expected to raise up to $1 billion a year. Half of those funds will be dedicated to energy-efficiency retrofits. That infrastructure investment is designed to pay off in long-term energy savings, adhering to existing state laws that stress conservation ahead of all other energy solutions.
11/8 North County Times