Prop. 10 alternative fuel vehicles and renewable energy

Officially asks for:
-provides 3.245 billion to help consumers and others purchase certain high fuel economy or alternative fuel vehicles, including natural gas vehicles, and to fund research into alt. fuel technology.
-provides 1.25 billion for research, development, and production of renewable energy technology.
-grants to cities and colleges for research and development
-total of 5 billion

this one is too one sided so I am just going to summarize a L.A. Times editorial about the facts of this proposition. Please read it all:

"Billionaire Texas oilman T. Boone Pickens, listed by Forbes as the 131st richest American, really, really wants your money. So much so that his natural-gas fueling company has shelled out $3.2 million to further the reprehensible scam known as Proposition 10"

"true aim is to subsidize vehicles powered by natural gas, which would build a customer base for its sponsor: Clean Energy Fuels Corp., a company Pickens co-founded that operates natural gas filling stations throughout the U.S. and Canada."

"the lion's share of the bond money, $2.875 billion worth, goes for rebates on purchases of alternative fuel vehicles"

"The rebates are structured so that only a small amount of money goes to truly environmentally beneficial vehicles, while most would subsidize those that run on natural gas. For example, buyers of hybrid cars like the Toyota Prius that get combined highway-city fuel economy of 45 miles per gallon or better would be eligible for a $2,000 rebate, handed out on a first-come, first-served basis to 55,000 buyers. But if you buy a "clean alternative fuel vehicle," you get a $10,000 rebate. These are defined under Proposition 10 as cars, vans or light trucks powered by natural gas, electricity or hydrogen. Last we checked, there were no hydrogen or electric vehicles on the new-car market."

"A total of $1 billion would be allocated for rebates on purchases of natural gas-powered trucks -- an initial $50,000 rebate per truck. Nothing in the initiative says these trucks have to remain in California. So the day Proposition 10 is enacted, buyers will line up to purchase natural gas trucks, drive them to Nevada or some more sensible state, resell them and collect the $50,000-per-truck rebate as pure profit, courtesy of California taxpayers. The environmental gains for the state? Zero"

"There's a much better way to encourage clean cars"

That last part is the point, these are all written to sound good, but is it specifically good for right now? and will it have real results in an acceptable time frame?

final word:
"send Pickens packing and reject Proposition 10." NO