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New Study Shows Soaring Costs Of California's Green Energy Transition
PRI Study | April 22, 2025 | Wayne Winegarden & Kerry Jackson

A new study reveals the staggering costs California consumers and businesses will incur as the state pursues its aggressive green energy mandates.

The paper, “The Cost of Going Green,” ([link removed]) provides a comprehensive analysis of the economic burden placed on Californians by the state’s forthcoming green energy requirements.

According to PRI’s analysis, California households will bear significant costs, estimated to be between $17,398 and $20,182 per household, to fund the state’s transition to alternative energy sources between 2025 and 2050.
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Gov. Newsom Is Wrong. California Is A High Tax State
Sacramento Bee | Matt Fleming | April 24, 2025

Gov. Gavin Newsom often claims California is not a high-tax state.

“So, this notion of even being a high tax state is B.S.,” Newsom podcasted in March. “Sixteen states tax their poorest residents more than we tax our top 1%.”

But does anyone believe that?

I mean, big if true. But, sadly, it’s not.

California is at or near the top of most meaningful tax rate measures.

Read more... ([link removed])

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California Can't Afford Free Healthcare For Undocumented Immigrants
San Diego Union-Tribune | Sally C. Pipes | April 21, 2025

California’s multibillion-dollar budget deficit could soon grow worse.

State tax revenue dropped over 14% in the recession that followed the dot-com bubble, nearly 14% during the Great Financial Crisis from 2008 to 2009, and almost 8% during the first year of the COVID-19 pandemic.

Now, with financial markets reeling thanks to the Trump administration’s tariff drama, Sacramento could see its tax take plummet by billions of dollars, as it has in the past.
Read more... ([link removed])

You are invited to attend the:

PRI's Inaugural Milton Friedman Dinner

Wednesday, June 25, 2025
6 pm

The Union Club of NYC
101 E 69th Street
New York, NY 10021

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