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California braces for new electric plan: Make more, pay more

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How to go green without going broke? That's the latest challenge in the alternative energy capital of California, where Democrats propose taxing the rich to make energy more equitable and affordable. To do so, lawmakers mandated utilities statewide begin billing ratepayers based not on how much electricity they use, but on how much money they make.

"This would be the first state to charge people based on their income rather than what they actually just use," said Shon Hiatt, director of the USC Business of Energy Transition initiative.

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