Schwarzenegger Blasts Oil Companies
With Prop. 23 Looming, Governor Defends Climate Law
POSTED: 2:08 pm PDT September 27, 2010
UPDATED: 3:02 pm PDT September 27, 2010
SACRAMENTO, Calif. -- Gov. Arnold Schwarzenegger is blasting the oil companies that are trying to undermine California's global warming law, saying they are motivated purely by greed.
He told the Commonwealth Club during a speech Monday in Santa Clara that Valero, Tesoro, Koch Industries and others are spending millions of dollars to manipulate the will of Californians.
Their motivation, he said, is "self-serving greed."
Out-of-state oil companies are sponsoring Proposition 23 on the Nov. 2 ballot. If approved, it would indefinitely suspend California's 2006 law that calls for significant reductions in greenhouse gas emissions.
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