Climate executive warns California ‘functionally bankrupt,’ $1T shortfall could shake nation

Climate executive warns California ‘functionally bankrupt,’ $1T shortfall could shake nation

Climate entrepreneur David Friedberg warned California is “functionally bankrupt," citing pension liabilities, legal limits, and spending concerns in a recent interview.

California is "functionally bankrupt," climate entrepreneur David Friedberg said in a recent interview with "Sourcery," pointing to pension liabilities, legal constraints, and government spending as … [+3746 chars]