Proposition 4 approved by California voters, borrowing $10 billion to respond to climate change

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California voters have approved Proposition 4, allowing the state to issue $10 billion in bonds in a landmark effort to escalate its environmental and climate resilience projects amid growing climate concerns.

The ballot measure passed with 58% of the vote.

Passage of the measure was confirmed following the closing of polls on November 4, with a significant majority expressing support for an expansive financial commitment to address the multifaceted climate challenges the state faces.

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