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Article

19 Oct 2010

Author:
Nichola Groom, Reuters

Investment firms lobby against California Prop 23 [USA]

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Nearly 70 investors and investor groups on Tuesday lined up against a California proposal to put the state's climate change law on hold in a sign of the rising stakes for the controversial measure...Deutsche Bank Climate Change Advisers, venture capital firm VantagePoint Venture Partners, and 66 other investors issued a warning to voters on Tuesday...Supporters of Prop. 23 include Valero Energy Corp and Tesoro Corp.