Climate Bond: Invest in California’s Ports to Advance Offshore Wind
California knows how to lead on climate and clean energy, and has another opportunity with its bold goal to deploy a nation-leading 25 GW of offshore wind power by 2045. But the state has a lot of work – including substantial investments to upgrade its ports – to deliver this renewable resource at scale and on time. As an important down payment, a coalition of labor, ports, developers, and environmental groups supports Proposition 4, also known as the Climate Bond, which includes $475 million for port infrastructure related to offshore wind development. Proposition 4 will be on the ballot in the upcoming November elections.