Overview

• Proposition 4 passed with 57.9% of the vote, authorizing $10 billion in bonds for various climate initiatives.
• Funds will be allocated to water projects, wildfire prevention, coastal protection, and more, with a focus on disadvantaged communities.
• Critics argue that the bond will impose a $16 billion repayment burden over 40 years, stressing the state's budget.
• Supporters view the bond as essential for California to meet its climate goals and replace funding cut from the state budget.
• Environmental groups, labor unions, and social justice organizations strongly backed the measure, emphasizing its preventative benefits.