Tuesday Must Read: Big Oil Gives Up on Prop 23; State Pot Crop Worth $14 Billion

Stories you shouldn’t miss:

1. Out-of-state oil companies that bankrolled Proposition 23, the anti-green-energy measure, appear to have abandoned it. The Sacramento Bee reports that donations for Prop 23, which would roll back California’s landmark climate-change law, have dried up, as the measure appears headed for defeat. At the same time, big business has shifted its focus to Proposition 26, a measure that would make it harder for the state and local governments to raise revenues needed to fund green-energy initiatives. In other words, if big oil can’t block green-energy, its going to try to starve it to death. Chevron recently pumped $2.75 million into the Yes on 26 campaign.

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