Californians will likely see $10B climate bond on November ballot

The California Legislature came to an agreement Sunday on the terms of a $10 billion climate resilience bond that it expects to appear on the November 2024 ballot.

The anticipated inclusion of such a bond has been months in the making, after it became apparent that the 2024-25 state budget would contain sizable cuts to climate initiatives.

California, a national leader on environmental issues, has set lofty emissions reduction targets as it contends with climate-driven impacts such as extreme weather...