A San Francisco TV station criticized state Sen. Josh Becker for potentially conflicting interests regarding his bill, SB 540, designed to lower energy rates while promoting renewable energy. Becker, a consultant for Sand Box Technologies, which focuses on AI for cancer drug discovery, clarified that the bill benefits all Californians and is co-sponsored by environmental groups. Critics raised concerns about the bill's multi-state energy market elements, but it passed the Senate unanimously, showcasing bipartisan support in efforts to better manage California's energy resources and trading capabilities.
Becker argues that his bill on energy rates aims to make electricity more affordable while enhancing the reliability and support of renewable energy initiatives.
Despite claims of a conflict of interest, Becker emphasizes that his consulting work involves AI in cancer research, not the energy-consuming aspects of AI.
The bill has broad bipartisan support and seeks to improve California's energy trading capabilities, ensuring better management of power resources.
Opponents of the bill express concerns about its implications for environmental policies, yet the legislation is backed by major environmental organizations.
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