Gov. Gavin Newsom (D-CA) on Friday signed sweeping climate and energy legislation aimed at reducing emissions, lowering energy costs, and increasing oil production.
The legislation passed last week includes six bills addressing key initiatives such as extending the state’s cap-and-trade program, approving new oil drilling, and expanding the state’s wildfire fund.
The efforts to boost oil production represent a change in attitude for Newsom, who, in recent years, has blamed producers for high prices and pursued measures to limit their profits, as well as imposed environmental measures opposed by the industry. Now, he is shifting toward backing more production in a bid to lower prices.
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California, simultaneously, is continuing its efforts to reduce emissions and achieve its climate goals through the legislation, despite the Trump administration’s
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