The scuffle between Gov. Gavin Newsom and the oil industry has quickly evolved from the passage of a handful of tough climate laws to the announcement of a special legislative session in December to pass a tax on excessive oil company profits.
Senate Bill 953, a proposal that cleared its first hurdle Tuesday, would allow the State Lands Commission to terminate some offshore oil leases by the end of 2024.
Senate Bill 953, a proposal that cleared its first hurdle Tuesday, would allow the State Lands Commission to terminate some offshore oil leases by the end of 2024.