$700,000 from Gates to help protect CA climate law

October 21, 2010

(AP) -- The campaign against Proposition 23 - the ballot initiative that would push back California's landmark global warming law - is getting another big financial boost from a high-tech billionaire.

The Sacramento Bee reports that Microsoft co-founder has donated $700,000 to the "No on Prop. 23" committee.

The donation from Gates comes after Google Inc. co-founder last week contributed $200,000 to the campaign. Intel Corp. co-founder Gordon Moore has contributed $1 million.

If approved by voters, the initiative would suspend the Global Warming Solutions Act until California's unemployment rates drops to 5.5 percent for four consecutive quarters.

The law is scheduled to take effect in 2012.

The 54-year-old Gates co-founded Microsoft in 1975. His net worth has been estimated by Forbes magazine at $54 billion.

Explore further: Gates: $258 million for malaria research

0 shares

Related Stories

Gates: $258 million for malaria research

October 31, 2005

The Bill and Melinda Gates Foundation has given $258 million in malaria research grants. The foundation says malaria kills an estimated 2,000 African children each day and takes the lives of more than 1 million people worldwide ...

Gates makes $10 billion vaccines pledge

January 29, 2010

(AP) -- The Bill and Melinda Gates Foundation will donate $10 billion over the next decade to research new vaccines and bring them to the world's poorest countries, the Microsoft co-founder and his wife said Friday.

California landmark global-warming law under fire

August 16, 2010

A November ballot measure that would suspend California's landmark global-warming law could also end up rolling back some of the state's other sweeping environmental standards _ including rules that require utilities to generate ...

Recommended for you

Explaining crocodiles in Wyoming

September 2, 2015

Fifty million years ago, the Cowboy State was crawling with crocodiles. Fossil records show that crocs lounged in the shade of palm trees from southwestern Wyoming to southern Canada during the Cretaceous and Eocene.  Exactly ...

4 comments

Adjust slider to filter visible comments by rank

Display comments: newest first

Vendicar_Decarian
0.5 / 5 (40) Oct 21, 2010
Gates, Google, and Intel are in on the global conspiracy of the worlds scientists, Al Gore and George Soros, and the Illuminati, to establish a one world government, a New World anti Christian Order based in the Hague and having Lucifer Obama on the throne.

We must work together to prevent this anti-christian takeover of the world by outgassing as much methane and CO2 as possible to show our support for the Christian Way and God.

To that end I am calling upon all faithful Americans to take up their arms and open a can of beans. One can of beans every day until America is in the loving arms of the Christ once again.

Halalujha.
Bondlasoto.
arosjoa
1 / 5 (1) Oct 21, 2010
What a ridiculous sum of money by someone that gains millions of dolars in days. And everyone inside that group make a lot of money too.

And yet people post this while there are out there news with more relevancy than that. Unless you see the "bad" side of everything going around that news.
GDM
not rated yet Oct 21, 2010
Vendicar - you got me....LOL! Gates is doing what every billionaire should do - and is actually making headway: He, Buffet, and many other billionaires are devoting substantial amounts of their money to IMPROVE the human condition. Now if only the US Chamber of Commerce, the Koch brothers, and the Tea Party would do the same. Man up to THAT, republicans!
Vendicar_Decarian
0.3 / 5 (37) Oct 22, 2010
"What a ridiculous sum of money by someone that gains millions of dolars in days." - Arosjoa

Unlike the Koche traitors, Gates is clearly a moral individual.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.