Environmental groups will hit the streets on Thursday to protest two Texas oil companies that are bankrolling a ballot initiative that, if placed on the ballot and approved, would roll back California's landmark climate law AB 32. The initiative, which is currently in the signature collection phase (due July 19th), would suspend "state laws requiring reduced greenhouse gas emissions that cause global warming, until California's unemployment rate drops to 4.8 percent or less for four consecutive quarters." Calling it the "Dirty Energy Proposition," the folks at the GREEN LA Coalition say Valero and Tesoro "are spending millions to push a deceptive ballot proposition that would kill California's clean air and clean energy law." They plan to protest in front of Valero Gas Station at Melrose and Western at 10:30 a.m.