Prop 7 has a noble goal, getting California to have more renewable energy. But it completely fails on execution.
A little background: Before I got into the transportation world, I spent six years working and studying energy efficiency and renewables. At UC Berkeley's Energy & Resources Group (ERG), I knew lots of people deeply involved in debates on California energy policy. They often disagreed. But all the ERGies I know, and all the groups who advocate for good energy policy, say Prop 7 is terribly written and would make matters worse, not better.
Prop 7 will:
- force small renewable energy companies out of the market;
- allow power providers to always charge a 10% premium above the market price, stifling competition; and
- fundamentally mess up the emerging market for renewable energy.
Vote NO on 7: don't set energy policy by initiative.
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