US EditionNewsom signs slate of climate, energy bills in California
The extension allocates up to $60 billion for utility bill relief and funds projects like high-speed rail and pollution monitoring while allowing increased oil drilling in Kern County.
- On Friday, Governor Gavin Newsom signed a six-bill climate and energy package at the Morrison Planetarium in San Francisco, including Cap-and-Invest reauthorization and measures for Kern County oil and a Western regional market.
- Faced with refinery closures, lawmakers faced pressure as two closing refineries, accounting for about 18% of California refining capacity, triggered last-minute talks and a one-day legislative extension amid election-year timing.
- Funding provisions include a $1 billion annual commitment for high-speed rail, $800 million for affordable housing, $250 million for community air protection, and $9 billion in customer charges to replenish wildfire funds.
- Supporters say the package stabilizes petroleum supply, reduces pollution, and expands the climate credit so Californians who pay utility bills can save billions; Newsom said, `Millions of Californians will soon start saving billions on their energy costs, and the savings don’t stop there`.
- S.B. 237 sparked criticism because it exempts new Kern County drilling from CEQA for a decade and allows up to 20,000 new wells, while environmental justice groups warned of worsening air quality citing a Sierra Club report of 50,984 leaking wells.
84 Articles
84 Articles
Los Angeles Times
union-bulletin.comNewsom signs California climate package aimed at lowering gas and utility costs
Newsom said the bills were a compromise, designed to push California toward a clean-energy future while still ensuring the state has enough affordable gasoline to meet drivers' needs.
Newsom signs sweeping bills on climate, California energy affordability, oil production
California Gov. Gavin Newsom signed a sweeping package of bills on Friday charting the state's continuing transition to green energy, which includes an extension of the state's landmark cap-and-trade program.
California Gov. Newsom Reverses Course, Signs Energy Bills To Lower Gas Prices
New Legislation Aims to Boost Oil Production and Stabilize Market After Years of Restrictive Policies Governor Gavin Newsom has signed a package of energy bills designed to stabilize California’s volatile gasoline market and lower energy costs for consumers. The move marks a significant shift in strategy for the administration, which has previously pursued strict environmental […] California Gov. Newsom Reverses Course, Signs Energy Bills To Low…
Newsom signs slate of climate, energy bills in California
California Gov. Gavin Newsom (D) on Friday signed a slate of bills regarding climate and clean energy in an effort to “lower electricity costs, stabilize the petroleum market and slash air pollution.” The measures signed into law include legislation to increase climate credits on utility bills, expand regional power markets out West, add $18 billion…
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