As state budget negotiations continue, groups fighting climate change are asking California lawmakers to cut subsidies for oil and gas companies rather than slash programs designed to slow global warming. Gov. Gavin Newsom s current proposal would cut oil and gas tax breaks by $22 million this year and $17 million the following year. .
Millionaire megadonor bankrolls effort to repeal one of America's most innovative climate programs: 'It doesn't have to be this way' yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
The California Energy Commission’s new Division of Petroleum Market Oversight, established by the law signed by Gov. Newsom last year on gas price gouging, issued two recommendations Wednesday to address one of the big factors it says can cause gasoline prices to spike spot-market volatility.