By Tim Steller | Arizona Daily Star
The California billionaire, who was in Tucson last weekend, is putting the money behind the clean-energy initiative that may be on the ballot in November. If it’s passed, Arizona utilities would have to get 50 percent of their energy from renewable sources by 2030.
Abstractly, it’s a laudable goal, but opponents are right to say we should think carefully before amending the state constitution using the hedge-fund veteran’s template.
On the other hand, though, we have Arizona Public Service and its parent company, Pinnacle West. The monopoly that has corrupted Arizona through its covert and overt spending on politics seems to be the force fighting the initiative before it’s even been approved for the ballot.